Apple’s iPhone sales reportedly dropped 5% late last year amid stronger competition from Chinese rivals.
Much of this decline can be attributed to the lack of Apple’s artificial intelligence (AI) features on phones sold in China, the company’s biggest market beyond the U.S., Bloomberg News reported Monday (Jan. 13).
The report, citing Counterpoint Research data for the fourth quarter of 2024, said that the iPhone commanded an 18% global market share at the year’s end, down…
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