Huawei's $2,800 Tri-Fold Phone Has The Potential To Eat Apple's Lunch In China: Here Is How It Compares To iPhone 16
Portfolio Pulse from Ananya Gairola
Huawei's new Mate XT tri-fold smartphone, priced at $2,800, challenges Apple's iPhone 16 series in China. Despite its high cost, the Mate XT has garnered significant pre-orders, indicating strong consumer interest. Apple's market share in China has declined, while Huawei's has increased.
September 13, 2024 | 12:53 am
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Apple's iPhone 16 faces competition from Huawei's Mate XT in China. Despite criticism for incremental upgrades, Apple's market share in China has declined, while Huawei's has increased.
Apple's iPhone 16 is facing competition from Huawei's innovative Mate XT, which has already received strong pre-orders. Apple's market share in China has declined, indicating potential short-term negative impact on AAPL stock.
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