Apple iPhone sales in China plummet 24% as Huawei smartphone sales surge

Apple is having a rough start to the year for its iPhone sales in China, where sales were down 24% year-over-year in the first six weeks, according to a new report from research firm Counterpoint. The analysts said the drop can mostly be attributed to stiff competition in the market, especially from China's Huaweii, which saw sales of its smartphones surge 64% over the same period compared to a year ago. "Primarily, [Apple] faced stiff competition at the high end from a resurgent Huawei while getting squeez ...