Chinese Economics Thread
- Thread starter Norfolk
- Start date
Wrong thread. Definitely belongs in Funny Stuff.
Are you telling me a BA in Gender Studies from the North Illinois University isn't enough to qualify me as an expert on Chinese economics?
When Chinese data is good : bogus data designed to fool Western investors.
When Chinese data is bad: things are so bad that not even the SeeSeePee can mask it.
yes, the august figures are encouraging after 2 weak months. Looks like things are turning around
Now, I wonder what happens in september since we have the Mate 60 effect on economy by boosting consumer confidence a little bit.
Anyhow, here is the high end phone market in China in first half. This is normally a 70+m market from what I can tell. Apple dominance likely even more if we narrow this to $800+.
So huawei at about 10-11m from mid 2022 to mid 2023. Apple likely close to 50m. Now, Huawei goes from 10m to 35m (Mate 60/5x -> 25m + P70 next year doing better than P60), does Apple drop to 25m?
Now, I wonder what happens in september since we have the Mate 60 effect on economy by boosting consumer confidence a little bit.
Anyhow, here is the high end phone market in China in first half. This is normally a 70+m market from what I can tell. Apple dominance likely even more if we narrow this to $800+.
So huawei at about 10-11m from mid 2022 to mid 2023. Apple likely close to 50m. Now, Huawei goes from 10m to 35m (Mate 60/5x -> 25m + P70 next year doing better than P60), does Apple drop to 25m?
I don't think there is 100% overlap between Huawei and Apple customer bases. Regardless, Apple will lose sales and, I think, China is at its Peak iPhone years.