For years, Apple dominated the market for high-end smartphones in China.
But evidence is mounting that, for many in China, the iPhone no longer holds the appeal it used to.
Meanwhile, sales for one of Apple’s longstanding Chinese rivals, Huawei, surged 64 percent.
Analysts say its latest product, a $3,500 virtual reality headset released in February, is still years away from gaining mainstream appeal.
For a decade, China has been the iPhone’s most important market after the United States and accounted for roughly 20 percent of Apple’s sales.
Organizations:
Apple, Research, Huawei, Analysts
Locations:
China, U.S, United States, Beijing