Chinese Yuan Beats Euro To Become the Second Most Used Currency

[LeGenD]

Relative to its own domination in the past

Apple sales fall in nearly all markets

The tech giant says demand for its smartphones fell more than 10% in the first three months of the year.

www.bbc.com

Because new competitors have entered the market and reshaped the composition of market share. It is important to understand that Apple create products for the rich in large part, Apple does not cater to budget market segment. However, Apple continues to register strong sales worldwide which is important. Who cares about global market share percentage?

 

[Beijingwalker]

Because new competitors have entered the market and reshaped the composition of market share. It is important to understand that Apple create products for the rich in large part, Apple does not cater to budget market segment. However, Apple continues to register strong sales worldwide which is important. Who cares about market share?

At leas it's losing fast to domestic phone makers in China, the world biggest phone market by a huge margin.

 

[LeGenD]

At leas it's losing fast to domestic phone makers in China, the world biggest phone market by a huge margin.

You make it sound like as if Apple is at loss. Absolutely not.

Apple sales revenue by country/region 2024 | Statista

The Americas are Apple’s largest regional market, bringing in net sales of 37.68 billion U.S.

www.statista.com

Apple continues to sell well in the high-end market segment and make profits, and this is what counts in the end. Global market share percentage will continue to fluctuate due to a large number of reasons including new competitors finding their mark but this statistic is inconsequential to any company.

 

[Beijingwalker]

Apple's global share comes down, Xiaomi goes up really fast. Huawei just made a strong comeback a couple of months ago so it is not in th list, but soon will be there with considerable share.

 

[LeGenD]

Huawei business model was mired in controversy but Xiaomi continues to shine due to its professionalism.

Infographic: Samsung, Apple and Xiaomi Command Half of the Global Smartphone Market in Q2 2024

This chart shows the global quarterly market share of the top 5 smartphone vendors, by shipped devices.

www.statista.com

Huawei should learn from Xiaomi.

 

[Beijingwalker]

Huawei business model was mired in controversy but Xiaomi continues to shine due to its professionalism.

Infographic: Samsung, Apple and Xiaomi Command Half of the Global Smartphone Market in Q2 2024

This chart shows the global quarterly market share of the top 5 smartphone vendors, by shipped devices.

www.statista.com

Huawei should learn from Xiaomi.

Huawei just made a comeback, you'll see how it will regain the world number one phone maker very soon.

 

[muhammed45]

you are free to conduct commerce without USD
you can start by accepting Pakistani rupees and Afghanistan Afghani

Let us know how it works out

Why not? Much better than using American toilet paper. The toilet paper that has no gold backing it but only printed out of thin air.

Dollar dominance in a global scale owes to Chinese workforce. American redneck imports every damn thing from China.

 

[nahtanbob]

Why not? Much better than using American toilet paper. The toilet paper that has no gold backing it but only printed out of thin air.

Dollar dominance in a global scale owes to Chinese workforce. American redneck imports every damn thing from China.

What is stopping you or your government ?
you can start by accepting Pakistani rupees and Afghanistan Afghani

 

[muhammed45]

What is stopping you or your government ?
you can start by accepting Pakistani rupees and Afghanistan Afghani

Already done. Trade is being done in local currencies.

Dollar domination and rednecks printing money are different from local trade.

 

[FHN]

HOME

www.cips.com.cn

China's CIPS (SWIFT competitor) did CNY 123 trillion (~$17 trillion) in business volume in 2023

 

[FHN]

In 2024 cips average daily volume from January to August this year was 676 billion rmb. It will most likely reach 250 trillion RMB in total annual volume for 2024. That means 35-36 trillion us dollars and if u include RMB trade in swift that's a considerable amount all together.last year total trade volume for swift was 150 trillion just to put things into perspective.

 

[Nan Yang]

If there's no restrictions on Awei,

Huawei business model was mired in controversy but Xiaomi continues to shine due to its professionalism.

Infographic: Samsung, Apple and Xiaomi Command Half of the Global Smartphone Market in Q2 2024

This chart shows the global quarterly market share of the top 5 smartphone vendors, by shipped devices.

www.statista.com

Huawei should learn from Xiaomi.

LOL.

Huawei is mired in controversy because of United States.

We all know the reason why. If you don't I do not blame you.

 

[Han Patriot]

In 2024 cips average daily volume from January to August this year was 676 billion rmb. It will most likely reach 250 trillion RMB in total annual volume for 2024. That means 35-36 trillion us dollars and if u include RMB trade in swift that's a considerable amount all together.last year total trade volume for swift was 150 trillion just to put things into perspective.

Exactly, China does not really report CIPS figures.

 

[Mista]

Huawei business model was mired in controversy but Xiaomi continues to shine due to its professionalism.

Infographic: Samsung, Apple and Xiaomi Command Half of the Global Smartphone Market in Q2 2024

This chart shows the global quarterly market share of the top 5 smartphone vendors, by shipped devices.

www.statista.com

Huawei should learn from Xiaomi.

Lol it has nothing to do with business model but everything to do with US sanctions.

Huawei has restricted access to Google services and the most advanced chips.

For many people outside of China, access to Google services is a deal breaker. And without access to the most advanced chips, customers will have to pay higher prices for lower performances.



Look at how Huawei has basically disappeared after 2020, with Xiaomi/Vivo filling up its shoes.

Huawei has no competitive advantage outside of China. Only in China Huawei is still holding up pretty well due to patriotism.

 

[Beijingwalker]

Lol it has nothing to do with business model but everything to do with US sanctions.

Huawei has restricted access to Google services and the most advanced chips.

For many people outside of China, access to Google services is a deal breaker. And without access to the most advanced chips, customers will have to pay higher prices for lower performances.

View attachment 65680

Look at how Huawei has basically disappeared after 2020, with Xiaomi/Vivo filling up its shoes.

Huawei has no competitive advantage outside of China. Only in China Huawei is still holding up pretty well due to patriotism.

Huawei phones made a strong comeback and China alone is the world's single biggest phone market by a huge margin

https://www.reuters.com/technology/huawei-sees-first-half-earnings-surge-smartphone-renaissance-2024-08-29/