
After a six-year hiatus, Apple, Inc. (NASDAQ:AAPL) reclaimed the smartphone leadership position in China in the fourth quarter of 2021. An analyst at Bernstein delved into the reasons for Apple's turnaround.
Huawei's Loss Is Apple's Gain: Apple has been bleeding smartphone market share in China up until recently, Toni Sacconaghi said in a note. The company witnessed its market share cut in half between 2015 and 2019.