China Smartphone Statistics: iPhone Has Just 5 Percent Market Share

China has been a touch challenge for the new Apple. We had spotted some time back that Apple iPhone has been losing market share to other players at a fast pace in China - we spotted this stat today, that the iPhone has just 5 percent market share in China (Source)

The initial 'must-have' premium that all Apple products command in the market does not seem to be working in China, where people seem to be absolutely happy with cheaper phones that offer similar functionality.