Apple has ‘worst annual performance' in China as smaller rivals dethrone iPhone champ

Apple was dethroned as China’s biggest smartphone seller in 2024, with local rivals Vivo and Huawei overtaking the iPhone maker after its annual shipments in the country declined 17%, data from research firm Canalys showed on Thursday.It was Apple’s largest-ever annual sales decline in China and involved contraction in all four quarters, including a 25% drop in the final quarter, according to the data.Apple shares dropped 4% on Thursday.For the full year, budget smartphone maker Vivo captured a 17% market s ...