Apple offers a rare $70 discount on the iPhone 15 in China as competitors from Huawei and Honor eat into its market share

Apple is facing stiff competition from Chinese competitors. The iPhone 15 underperformed in its first 17 days of sale compared to the iPhone 14, according to data from Counterpoint Research. “Apple’s share is being challenged primarily by Huawei at the premium end of the market but also across the mid-high range in recent months from other Chinese competitors,” says Ivan Lam, a senior analyst at Counterpoint Research...Read more