Tim Cook May Not Know Why, But Samsung Is Winning in China

An anonymous reader writes with this interesting snippet about the state of mobile tech in China: "Apple Chief Executive Tim Cook believes that 'over the arc of time' China is a huge opportunity for his pathbreaking company. But time looks to be on the side of rival Samsung Electronics, which has been around far longer and penetrated much deeper into the world's most populous country. Apple this week said its revenue in Greater China, which also includes Hong Kong and Taiwan, slumped 43 per cent to $4.65 billion from the previous quarter. That was also 14 per cent lower from the year-ago quarter. Sales were weighed down by a sharp drop in revenues from Hong Kong. "It's not totally clear why that occurred," Cook said on a conference call with analysts. Neither is it totally clear what Apple's strategy is to deal with Samsung – not to mention a host of smaller, nimbler Chinese challengers."

Comments

Is that part of an overall prediction?

[Futurepower(R)]

Is Apple on the way down, now that Steve Jobs is dead?

What do all these numbers mean?

[Anonymous Coward]

There's not so many homos in China.

Re:Here's the reason...

[HornWumpus]

Before you beat yourself up, you might want to look at what the Chinese did to foreigners in the same period. Being run out of town would be a relative vacation.