© 2024 WSIU Public Broadcasting
WSIU Public Broadcasting
Member-Supported Public Media from Southern Illinois University
Play Live Radio
Next Up:
0:00
0:00
0:00 0:00
Available On Air Stations

Apple's Share Of China's Booming Market Slips

RENEE MONTAGNE, HOST:

NPR's business news starts with Apple flipping in China.

(SOUNDBITE OF MUSIC)

MONTAGNE: A lot of people in China want a smartphone, but that doesn't mean they want an iPhone. For the second straight quarter, Apple's share of China's booming market has slipped. The company is losing out to cheaper Chinese brands as makers there launch phones with better features.

One expert tells Reuters: For a phone to sell in China, it should be priced at about 70 percent of an average monthly salary. He said iPhones costs more than two months average salary. Transcript provided by NPR, Copyright NPR.

As a WSIU donor, you don’t simply watch or listen to public media programs, you are a partner. By making a gift, you help WSIU produce, purchase, and broadcast programs you care about and enjoy – every day of the year.