Apple Tops China's Smartphone Market for First Time as Q4 Deliveries Rebound
• Apple became the top smartphone seller in China for the first time in 2023 with 17.3% market share • This marks a major success for Apple amid renewed competition from Chinese brands • Overall smartphone shipments in China dropped 5% in 2023, but Q4 deliveries rose 1.2% • Apple's climb to #1 could ease worries about iPhone sales and competition in China • Apple shares have gained over 36% in the past year