iPhone sales in China plunge 19%, as Huawei grows smartphone sales by nearly 70% (scmp.com)

“For the second quarter, the possibility of new colour options combined with aggressive sales initiatives could bring the brand back into positive territory.”

I am not sure that is going to cut it for Apple.

So layoffs this year? Last year surprisingly, Apple layoffs were quite low compared to other big tech rent collectors who were laying off people in the tens of thousands. Apple I don't think crossed a few hundred. Going to be interesting to see how they weather this.