Huawei Casts Apple From The Fold In China [Forbes]
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Source: Forbes
Huawei Casts Apple From The Fold In China Huawei revealed its foldable Mate X An employee demonstrates a Mate X foldable 5G mobile device at the Huawei Technologies Co. pavilion on the opening day of the MWC Barcelona in Barcelona, Spain, on Monday, Feb. 25, 2019. At the wireless industry’s biggest conference, over 100,000 people are set to see the latest innovations in smartphones, artificial intelligence devices and autonomous drones exhibited by more than 2,400 companies. Photographer: Stefan Wermuth/Bloomberg © 2019 Bloomberg Finance LP Investors should worry, too. China may be lost. Apple has been designing expensive, aspirational technology gear for decades. The business model involved carefully rolling out cutting-edge products to key markets, then waiting for consumers to come. It worked. In North America, Europe, Australia and , demand for iPhones, iPads, Macs and Watches fuels a very profitable business. In 2009, Apple managers turned east, toward China. Rapid growth in mid
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