Apple has ‘worst annual performance' in China as smaller rivals dethrone iPhone champ
1. Apple's smartphone shipments in China fell 17% in 2024. 2. Apple's market share in China is now 15%, behind Vivo and Huawei. 3. The absence of AI capabilities is impacting Apple's competitiveness. 4. Apple launched discounts to boost sales amidst declining market performance. 5. Huawei's new phones and promotions have driven its recent growth.