iPhone Sales Slump in China Early 2023, But Expected to Rebound for Next Model Launch
• iPhone sales dropped 24% in China in the first 6 weeks of 2023 according to Counterpoint Research report
• Rival Huawei's sales surged over 60% in China during the same period
• Apple received a $2 billion EU antitrust fine recently adding to negative headlines
• Analyst Ben Bajarin says Apple still has highest brand loyalty and retention in China so sales drop seems temporary
• Bajarin thinks iPhone sales rebound is expected from March onwards in China as consumers wait for next iPhone launch with AI features