iPhone 15 underperforms in China as compared to previous model

Yahoo Finance published this video item, entitled “iPhone 15 underperforms in China as compared to previous model” – below is their description.

“Apple’s (APPL) latest device, the iPhone 15, is not selling as well in China compared to that of the previous generation’s model, according to a report from Counterpoint Research. The report points to economic woes in China, including China’s entire smartphone market being down 5%. Counterpoint Research Director Jeff Fieldhack joins Yahoo Finance to break down the report as well as challenges for Apple within China.
When asked about reasons for the underperformance, Fieldhack replies: “”The [Apple] ecosystem is a little weaker in China, a lot of these applications are not allowed there.”” He lists nationalistic consumer trends from Chinese citizens, using Huawei smartphones as a competitive domestic option to Apple’s landmark iPhone.
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