iPhone 15 Sales in China Lag as Huawei Competes, but Growth Continues in US

iPhone 15 sales in China are down 4.5% versus iPhone 14 in the first 2 weeks after launch according to Counterpoint Research.

Bloomberg reported iPhone 15 sales in China dropped double-digits as demand rose for new Huawei Mate 60 phones.

Slowing Chinese economy, struggling housing market, and competition from Huawei negatively impacting iPhone demand.

China remains very important market for Apple despite competition from Huawei.

iPhone 15 sales in US up 10% year-over-year according to Counterpoint, showing strong growth.