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iPhone faces challenge in crowded Chinese market

Beijing: The iPhone's magic as China's must-have smartphone is eroding.Last year, eager buyers in Beijing waited overnight in freezing weather to buy the iPhone 4S. Pressure to get it — and the profit to be

India TV News Desk Updated on: September 16, 2013 9:30 IST
"Apple's market position in China has stagnated," said telecommunications analyst Jan Dawson of the research firm Ovum, in an email.




One problem, he said, might be that Apple's high price limits it to targeting the top market tier, and customers in that segment who want an iPhone already have one.

The two models unveiled this week "will largely be sold to existing subscribers and won't win many converts," Dawson said.


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