Apple Struggles in China as iPhone Sales Drop and Huawei Surges
• Apple iPhone sales in China dropped 24% in first 6 weeks of 2023 vs year ago • Huawei smartphone sales in China surged 64% in same period • Apple faced competition from Huawei at high end and brands like OPPO, vivo, Xiaomi on pricing • iPhone 15 lacks major upgrades from iPhone 14, so consumers waiting to upgrade • Apple's market share in China fell to 15.7%, dropping them to 4th place from 2nd place a year ago