Just after Apple (AAPL) unveiled the new iPhone 16 on Monday, Huawei Technologies, a Chinese phone maker, announced a new trifold device. Bank of America...
and competition from the new Huawei device is"relatively net neutral" for Apple in the country, highlighting that the iPhone maker said support for Apple Intelligence in the Chinese language is coming in 2025.
And now Huawei is coming back with uh a product, obviously, the volumes of this product are still a little unknown, right? Uh Obviously, you're giving up some cyclical share that you took over the last few years in the very near term, longer term where we're actually very optimistic about the China potential because the middle class is actually increasing a fairly significant amount in emerging markets.All right, we'll see if they have to launch a TRD phone to be able to compete as well.
Wamsi Mohan Apple Intelligence Huawei Technologies Brad Smith Seana Smith Bank Of America
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