"Apple's iPhone Sales Drop 24% in China as Huawei Surges"

TL;DR Summary
Apple's iPhone sales in China have dropped 24% year-over-year in the first six weeks of the year, facing stiff competition from Huawei, which saw a 64% surge in smartphone sales. Analysts attribute the decline to strong competition in the market and lack of significant upgrades in the latest iPhone model. Apple's share of the Chinese smartphone market has dropped to 15.7%, putting it in fourth place. Despite this, Apple reported strong iPhone sales worldwide, except in China, and CEO Tim Cook emphasized the competitiveness of the Chinese smartphone market.
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