{"id":1167,"date":"2025-09-05T16:10:10","date_gmt":"2025-09-05T16:10:10","guid":{"rendered":"https:\/\/www.newsbeep.com\/ie\/1167\/"},"modified":"2025-09-05T16:10:10","modified_gmt":"2025-09-05T16:10:10","slug":"apple-stock-slips-as-huawei-drops-trifold-phone-ahead-of-iphone-17","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ie\/1167\/","title":{"rendered":"Apple Stock Slips as Huawei Drops Trifold Phone Ahead of iPhone 17"},"content":{"rendered":"\n

This article first appeared on GuruFocus<\/a>.<\/p>\n

Apple Inc. (AAPL<\/a>, Financials<\/a>) is feeling the heat in China after Huawe<\/a>i surprised the market with a new foldable phone launch just days before the iPhone 17 reveal. Shares of Apple slipped about 0.5% as investors weighed the timing and competitive pressure.<\/p>\n

Huawei rolled out the Mate XTs, a trifold smartphone that unfolds into a tablet-sized screen. Priced between $2,520 and $3,020, it’s a premium device aimed at cementing Huawei’s early lead in foldables. The company already controls three-quarters of China’s foldable market, with last year’s Mate XT alone pulling in $1.3 billion in sales.<\/p>\n

That strength has helped Huawei reclaim the No. 1 spot in China. It shipped 12.2 million smartphones in the second quarter, up 15% year over year. Apple, by comparison, shipped 10.1 million units a modest 4% gain that put it in fifth place. With nearly one-fifth of Apple’s revenue tied to China, the competitive dynamics there matter.<\/p>\n

Apple will counter with the iPhone 17 Air, expected to launch Sept. 9 with a price between $949 and $999. Analysts remain moderately positive on Apple, with a consensus price target near $239 roughly flat from current levels.<\/p>\n

Investors will be watching how the iPhone 17 stacks up against Huawei’s latest release and whether Apple can regain momentum in its most important overseas market.<\/p>\n","protected":false},"excerpt":{"rendered":"This article first appeared on GuruFocus. Apple Inc. (AAPL, Financials) is feeling the heat in China after Huawei…\n","protected":false},"author":2,"featured_media":1168,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[1646,114,1648,1647,61,60,80],"class_list":{"0":"post-1167","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-technology","8":"tag-apple-inc","9":"tag-china","10":"tag-competitive-pressure","11":"tag-huawei","12":"tag-ie","13":"tag-ireland","14":"tag-technology"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/1167","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/comments?post=1167"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/1167\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media\/1168"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media?parent=1167"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/categories?post=1167"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/tags?post=1167"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}