Apple tumbles as research firm shows iPhone lost its top spot in China in 2024 (Update)

Jan. 16, 2025 2:12 PM ETApple Inc. (AAPL) StockSSNLFBy: Ravikash Bakolia, SA News Editor92 Comments
(4min)
Apple Store in China

Nikada/iStock Unreleased via Getty Images

Update: Jan 17, 9:50am: Adds related graphics

Apple (NASDAQ:AAPL) shares fell 4% in midday trading on Thursday after research firm Canalys showed the iPhone lost the top spot in the smartphone market to local rivals, including Vivo and Huawei Technologies.

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