Apple’s Chinese revenue falls 33% as local brands head upmarket & Samsung undercuts on price<div class="feat-image">
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<p>While most of the <a href="
http://9to5mac.com/2016/07/26/apple-earnings-fy16-q3/" target="_blank">numbers[/url] announced <a href="
http://9to5mac.com/2016/07/26/live-blog-earnings-apple-q3/" target="_blank">yesterday[/url] were broadly in line with analyst <a href="
http://9to5mac.com/2016/07/26/aapl-q3-2016-earnings-wsj/" target="_blank">expectations[/url], there was one particularly disappointing element: revenue from China. This was down 29% on the previous quarter, and a full 33% year-on-year – from $13.2B in Q3 2015 to $8.8B the same quarter this year.</p>
<p>CEO Tim Cook pointed to slowing growth in the Chinese economy as a factor, but there are two other factors at play …</p>
<p> <a href="
http://9to5mac.com/2016/07/27/apple-china-revenue-fall/#more-440304" class="more-link">more…[/url]</p>
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Apple’s Chinese revenue falls 33% as local brands head upmarket & Samsung undercuts on price
