Apple(US:AAPL) Zhi Tong Cai Jing·2025-09-17 11:59Group 1 - Apple's smartphone sales in China declined by 6% year-on-year in the weeks leading up to the iPhone 17 launch, marking a larger drop than previous product launches [1] - Competitors such as Xiaomi, Vivo, and Honor also experienced sales declines in the same period [1] - Overall smartphone sales in China decreased by 2% year-on-year during the first eight weeks of the third quarter [3] Group 2 - Huawei's product portfolio expansion has allowed it to maintain positive sales growth [3] - Counterpoint Research forecasts a slight negative growth for the Chinese smartphone market in the entire third quarter, with expectations of flat growth for the year 2025 [3] - Analysts from Seeking Alpha suggest that the iPhone 17 lacks significant innovation and may not trigger a major upgrade cycle [3]