Apple won't be performing well in China in these 2 years. Why?
This is because China will be deploying Huawei 5G in 2020 and Huawei will be pushing out its 5G mobile phones with its own 5G chips to tap on the super fast 5G network. Many China mobile manufacturers like Xiaomi, Oppo, Vivo, etc will be producing their own 5G phones too.
Huawei 5G network is super fast and cheap. Please see below for more information.
http://sg-stock.blogspot.com/2019/01/the-real-reason-behind-ban-of-huaweis-5g.html
Therefore, consumers won't be upgrading their phones now and will be delaying their purchases because they will want the 5G phones for the fast network. As the current Iphones are not 5G ready since they don't have 5G chips, Iphones' sales will be bad in China for these 2 years.
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2 comments:
https://finance.yahoo.com/news/goldman-says-apple-cut-2019-121100212.html
Goldman Sachs says Apple has to cut its sales forecast even further in 2019!
https://sg.finance.yahoo.com/news/retailers-slashing-iphone-prices-across-083500958.html
We're right on poor apple sales forecast in China for 2019-2020.
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