My Visit to WeChat and Why They Are Smarter Than Apple and Facebook (13)
The Tech Strategy Podcast
00:00
Apple's Achilles Heel
Apple is losing ground to mid-tier brands who are not luxury, but have huge volumes. Chinese consumers aren't using Apple software and services so they don't have any of that. There isn't one iOS App Store or Google Play Store in China; there's like 6, 7, 8, 9 different Play Stores you can get software from. How do you compete with WeChat if you're the iPhone in China? And they're really doing well.
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