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Technology Stocks : Apple Inc.
AAPL 284.15-0.7%Dec 3 3:59 PM EST

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From: Moonray2/8/2013 8:13:43 AM
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iPhone 5 fails to boost Apple's market share in China

Lenovo became one of the world's top five smartphone vendors because of high shipments in China

IDG News Service - Despite the launch of the iPhone 5 in December in China, Apple's smartphone market
share in the nation barely grew during last year's fourth quarter, according to research firm Canalys.

The company remained the sixth largest smartphone vendor, a position it held in the third quarter. Its market
share increased to 8.5% in China in the fourth quarter, up 0.5% from the previous quarter, said Canalys
analyst Nicole Peng on Friday.

In contrast, competitor Samsung took the top spot, with a 16% market share, followed by Chinese vendors,
Lenovo, Yulong Computer Telecommunication Scientific, Huawei and ZTE.

Although Apple's iPhone 5 has been selling well, its impact on the company's market share has been
blunted by the booming growth in China's smartphone segment as a whole, Peng said. During the quarter,
smartphone shipments reached 65 million units, with the growth driven by low-end handsets, some of
which are priced at 500 yuan ($79).

More at: computerworld.com

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