Yes, Apple managed to sell $58 billion worth of products in China which is their largest market outside North America,
434 million smart phones were sold in China in 2015.
400 million smart phones have been sold in China in the first 3 quarters of 2016(Jan-Sep).
In Q3 2016, the market share of Apple shrank to 9%.
Having said that, I understand China is till their most important market outside US.
11 million iPhones were sold in Q3.
This market is so important for any high-end phones that Apple is continuing opening up new official stores around China though having zero official store even in india's biggest city which is supposed to have a lot of middle-class residents.
How big is China's smart phone market?
Let's forget those shining number of the so-called emerging markets.
Q3 2016
World: 363 million smart phones
China: 123 million smart phones
Which kind of price is the most accepted?
Top20 Sep 2016
OPPO R9 2499-2999 yuan ($368-445)
VIVO X7 2499-2798yuan ($368-413)
Huawei P9 2988-3688 yuan ($440-545)
OPPO A59 1800 yuan ($266)
VIVO X7 Plus 2800 yuan ($415)
No.6 is low-end phone from Huawei (900yuan)
But No.7-10 are all middle/high-end.
No. 7 Huawei 麦芒5 2399-2599yuan (>$355-385)
No.8 OPPO R9 Plus 2999-3600yuan ($445-$530)
No. 9 Huawei Mate 8 2800-4700yuan ($410-$700)
No. 10 Huawei P9 Plus 3988-4600yuan (&588-$680)
View attachment 349139
View attachment 349138