Apple’s stock price The seven largest U.S. technology companies fell overnight, with their market capitalization
evaporating by a total of about US$342.2 billion (about RMB 2.4 trillion). Among them, Apple’s stock
price plummet 4.04%, marking the largest phone number list singleday drop since early August last year, and its market
value evaporat by US$144.5 billion (approximately RMB 105.88 billion) overnight.
Apple is down nearly 12% since its December high, making it one of the seven worstperforming tech stocks since 2025.
On the news front, multiple mia articles report that Apple’s iPhone sales in China were weak. Canalys
data shows that in the fourth quarter of 2024, Apple’s iPhone shipments in the Chinese mainland
market fell by as much as 25%, with a total of 13.1 million units shipp and a market share of 17%.
After two years of decline, mainland China’s smartphone market has recover.
Shipments in 2024 will reach 285 million units, a yearonyear increase of 4%
However, Apple’s shipments in 2024 fell 17% yearonyear, with 42.9 million smartphones shipp, compar with 51.8 million in 2023.
According to a report releas by market research firm Canalys, Apple’s sales ranking in the domestic
smartphone market will slip to third place in 2024, behind vivo and Huawei.
In terms of brand market share, vivo and future prospects of cdn shield Huawei perform well. vivo rank first with 49.3 million units
shipp, an increase of 11% yearonyear in 2023, accounting for 17% of the market share; Huawei’s
shipments in 2024 were 46 million units, a yearonyear increase of 37%, and the market share was
16%; Apple, OPPO and Honor rank third, fourth and fifth, with a market share of 15% each, and the competition was fierce.
It is worth mentioning that since 2024, Warren Buffett has been frantically selling Apple shares
Buffett’s investment company Berkshire began building a position in Apple in 2016, but began to significantly ruce its holdings since the beginning of 2024, from 905 million shares to 300 million shares in the third quarter of that year.
(The contents of this article are objective trust review data and information and do not constitute any investment advice)
Duan Yongping, one of the founders of two super successful mobile phone brands, OPPO and vivo, has talk about Apple many times.
Previously, when Buffett start selling Apple shares, Duan Yongping judg that Buffett would continue to ruce his holdings. Unlike Buffett, Duan Yongping did not sell Apple this time Apple’s stock price.