They say you can take Apple from China but not China from Apple.
China is a really large market for Apple and for their competitors as well. But the problem for Apple is that China already (partially) cut their monopoly there, and they started to do that over a decade ago.
Tim Cook also dealt with the China once - when they got first revenue cut in 2019 due to lower sales. And the "cut" was actually $9B. Anyway, they already resolved it and now paying to investors almost $0.5B for this, by the way you can check it if you bought AAPL at that time.
And also, as we all know Apple wanted to launch their EVs since the Roman Empire I suppose, but eventually they didn't make it - and Xiaomi did.
So I'm just wondering what would be first - Apple will end their iPhones saga or China will dominate the whole market with their Xiaomi Ultra 1000?