| Log In | Join | Global Markets Home News IPO Personal Finance Mutual Funds Tech Jobs Features Blogs Slideshows ET NOW ET Speed Stocks Market Live Regulation Global Markets Forex IPOs/FPOs/Rights issues Bonds Money Markets Commodities Real Estate Analysis Research Reports Hi there, Login with your Facebook ID to see what your friends are reading on Times of India and Economic Times. Careers helping you make a forune A course in Geology can fetch you upto Rs 15 lakh HR experts say graduates of courses such as geology & geophysics, mining, architecture, ceramic and paper & pulp engineering attract best of the best salaries. Additional skilled manpower demand to rise to 34.7-cr by 2022 Social network companies to hire potential candidates SPOTLIGHT You are here: ET Home Markets Global Markets Platinum Sponsors Gold Sponsors Opinion New By ECONOMICTIMES.COM | 10 Aug, 2013, 02.11PM IST 4 comments | Post a Comment 0 0 Ads by Google Luxury Villas in Lonavla puranikbuilders.com/Row_Villas - 3 BHK @ 1.59Cr & 4 BHK @ 1.98Cr & Great Lifestyle Amenities @ Sayama Apple's market share in China has declined by almost 50% in the second quarter, the reason being attributed to the company's focus on high-end models. Editor's Pick Apple patent wins could mean US import ban for Samsung Apple loses market share in China as smartphone buyers go cheap US judge considers limits on Apple in e-books case US trade panel: Samsung Electronics infringes Apple patents Android smartphones rise as Apple iPhone slips: Report Who shook Apples cart? Market share dips, stock takes 18% hit READ MORE ON Samsung | Nokia | NASDAQ | market share | iPhone Apple shares have lost about 18 per cent in market value in the last six months at a time when the US markets are hitting life-time highs almost every other day. The stock rose about 5% the day its third- quarter results beat analysts' expectations, riding on stellar iPhone sales. But after that, it's on a downslide, closing the last traded day at $454.20 on tech-heavy Nasdaq, down 1.47%. Here's the lowdown on what's taking bite off Apple. TAKING A HIGH-END HIT Apple's smart phone market share in China has declined by almost 50% in the second quarter, the reason being attributed to the company's focus on high-end models, while the consumers in large developing markets opting for lower-priced handsets, something that is making local vendors gain edge and Apple emerges as a loser. This is something which handset maker Nokia also faced as its unchallenged market share of more than 70% began to take a tumble. The company introduced low-end handsets in markets like India, thus stemming the fall in its market share. It may be noted here that given the population factor, India and China are the world's biggest Share Share 1 Share More Markets Indiatimes | The Times of India | The Economic Times | More Search for News, Stock Quotes & NAV's Who shook Apples cart? Market share dips, stock takes 18% hit - The Ec... http://economictimes.indiatimes.com/markets/global-markets/who-shook-... 1 of 4 10/08/2013 4:23 PM Most Read Most Shared Most Commented News in Pics 9/20 Computer tends to slow down with unwanted files Eight smart money moves to make before the ag... MBA no longer a passport to a successful care... Amrit Kaur: Aged 80, she's India's newest bil... Step-by-step guide to file your income tax re... Little-known tax deductions you might have mi... More Most Watched Videos Apartments in Mumbai www.HDFCRED.com/Mumbai - Choose Newly Constructed 1/2 BHK Upto Rs 20 Lacs.Call The Developer! Ads by Google NEXT STORY Wall Street Week Ahead: US stock investors pin hopes on retail therapy markets thanks the rising middle-class. ADAPTATION FACTOR While moving to a lower-end regime also makes for adapting strategy, the technology company seems to be not updating on the needs, of which reasons vary from policies to lack of awareness, maybe. Whatever the reasons, Apple is yet to come out with a phone providing 3G network in China. It's a big miss given that China is the world's largest carrier with 740 million subscribers. INDIA FACTOR Marketing campaigns and discounts, though helped initially, have failed to sustain Apple iPhone sales in India; even as the initial buzz around Apple now seems to be over at a time the California-based giant is girding up to make deeper inroads into world's third- largest smart phone market. This is largely because Samsung, commanding a 40% smart phone market share in India, countered Apple's moves with bigger and better discounts and financing schemes; and also local players like Micromax connecting better with the Indian consumer, giving same features and applications at a much-much lower cost. LACK OF STRATEGY In a bid to maintain its high-end image, Apple has taken a knock in China, as mentioned above in this article; but then this comes as a strategy flaw as the company has been offering middle-class solutions like EMIs in India, also mentioned above. Here comes to play the lack of focus in the company's strategy - middle-class also, or just high-end; and if middle-class also then why leave aside China. No wonder analysts still await clarity from Apple's management about its strategy to gain in emerging markets like India and China. READ MORE ON Samsung | Nokia | NASDAQ | market share | iPhone Follow Economic Times Global Markets Section, For The Latest News! Recommend Send 6 people recommend this. Sign Up to see what your friends Like 8 Who shook Apples cart? Market share dips, stock takes 18% hit - The Ec... http://economictimes.indiatimes.com/markets/global-markets/who-shook-... 2 of 4 10/08/2013 4:23 PM MORE FROM VIDEOS Slide Shows Ten remarkable infrastructure developments in India From roadways, railways to airports and other smart-city initiatives, the last few years have ... Ten metro rail projects transforming Indian cities We take a look at how Metro connectivity has helped many cities in India and the upcoming netw... What's new in Android 4.3 Jelly Bean OS Google's latest tablet Nexus 7, will run on Android 4.3 Jelly Bean Operating software. And alt... More Slideshows XML Parsing Error: unexpected parser state Location: jar:file:///C:/Program%20Files/Mozilla%2 Roshni Nadar appointed additional direct... Brand Equity: Priyanka Chopra hits the h... Meet Rohini Nilekani, who mastered the a... NEWEST OLDEST RECOMMENDED (1) MOST DISCUSSED AGREE LOGGED IN COMMENTSNEW! Apple premiums were sustainable when innovation enabled it to be ahead of market. However fort he first time in last 10 years, Apple is also run with Samsung and others powered by Android operating system has either equal or ahead of Apple in many aspects. Mobile growth itself has slowed down. Naturally unless Apple comes with something exciting, the growth momentum is simply not sustainable. Agree (2) Disagree (0) Recommend (2) Offensive Now I understand the Logo of Apple.. It is that portion of Apple eaten up by Samsung and new entrants.. LOL... Agree (1) Disagree (0) Recommend (0) Offensive it is give returns of 180% , it is apple Agree (1) Disagree (0) Recommend (0) Offensive Apple has always stood out as an innovator. People watch out for the latest offerings from iPhone. Steve Jobs was a splendid innovator. I think its time for Apple to come up with something that nobody has thought of to get its sales back. Agree (1) Disagree (0) Recommend (1) Offensive TOP STORIES Germany's battered banks have cost taxpayers billions Russia will grant tax sops to OVL's Imperial: Sarraf Readers' opinions (4) INFOCUS ON ET TODAY INFOCUS ON ET TODAY Have something to say? Post your comment Comments are moderated and will be allowed if they are about the topic and not abusive. Characters remaining (1500) 44 Minutes ago SharadaK (Mumbai) 59 Minutes ago RAHUL JAISWAL (Ahmedabad) 1 Hour ago Dheeraj Bansal (Ludhiana) 1 Hour ago Deepa Ranganathan (Ahmedabad) Who shook Apples cart? Market share dips, stock takes 18% hit - The Ec... http://economictimes.indiatimes.com/markets/global-markets/who-shook-... 3 of 4 10/08/2013 4:23 PM Get a Quote Other Times Group news sites Times of India | 5|=|l-5 | | Mumbai Mirror Times Now | Indiatimes |
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