Chris O'Brien / VentureBeat - 2 years ago
  • While U.S. customers may be indifferent to the new iPhone 8, it appears to be a different story in China. As a result, that Apple saw its first increase smartphone sales in that critical market after an 18-month losing streak.
  • According to a report from Canalys, sales of iPhones rebounded this quarter, growing 40 percent to 11 million from 8 million for the same period a year ago.
  • The news is a hopeful sign for Apple, which once saw the Chinese market as a massive engine of growth.
  • Just as problematic is that the overall Chinese handset market is weakening. Canalys reported that Chinese smartphone shipments fell 5 percent in Q3 2017 to 119 million units.