Apple
Apple wants to take back market share from Huawei with a low-cost iPhone
Apple is reportedly planning to launch a low-cost iPhone that might help it regain its market shares from Huawei. The American tech giant is making efforts to win back its customers in one of its major markets, after losing them to Chinese competitors.
The iPhone maker has given us some of the best products so far. The firm is also doing well in global markets. However, its sales in the Chinese market dropped significantly due to stiff competition from Huawei and others.
China, on the other hand, aims to support its local products over foreign ones. Many Chinese firms even prohibit the use of Apple products and encourage their employees to buy Huawei devices, contributing to the country’s economy. Read More…
Thus, Apple is planning to regain its customers and market share from rivals like Huawei and Xiaomi by launching a low-cost iPhone. The device is an iPhone SE which may debut in the first quarter of 2025, probably with the Apple Intelligence support.
The new iPhone SE will likely eliminate the outdated home button. It is said to sport a modern design at a budget-friendly rate. Other features and key specs of the device are unknown. But we may grab more details about it in the upcoming days.
A few analysts suggest that the inexpensive iPhone could help Apple to make a new stand in the Chinese phone market. The company’s overall revenue (89-96%) in 2025 will depend on iPhone sales and the SE model may help in regaining shares.
Further inputs reveal some iPad upgrades for the next year. It seems the tech giant is planning to make new scores in the Chinese tablet market alongside the smartphone section. For the last three quarters, the company has been running back from Huawei.
Apple wants to take back market share from Huawei with a low-cost iPhone (Image Credits: Apple)
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