Apple’s iPhone sales in China fell 19% last quarter

News Snapshot:

Apple iPhone sales in China plunged 19% in the first three months of the year — the worst performance since the start of the pandemic in 2020 — to knock the Tech giant from its perch as the top-selling phone in the crucial market. The Cupertino, Calif.-based company’s share in the world’s biggest smartphone market fell to 15.7% in the first quarter from 19.7% a year earlier. That put it almost level with Huawei, which saw sales jump 70%, according to research firm Counterpoint. Apple lost its crown as the biggest smartphone seller in China to rival Vivo, sliding to...