Apple's iPhone Shipments Plummet in China Amid Rise of Huawei

The transcript discusses the challenges Apple faces in China due to economic weaknesses and mature market conditions. It highlights Apple's pricing strategy, which may have reached a limit in regions with lower average incomes. The discussion also covers potential strategies for Apple to adjust its product portfolio and pricing. Additionally, the transcript examines the competitive landscape in China, with strong local competitors and the impact of trade tensions on Apple's market position.

What role does competition play in Apple's performance in the Chinese smartphone market?

What strategies might Apple employ to maintain its market position in China?