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Apple bullish after iPhone 11 'extremely well-received' in China

Analysts warn 5G rivals pose threat in world's No. 1 smartphone market

Apple reported better-than-expected fourth-quarter results on Oct. 30, despite iPhone sales continuing to drop.   © Reuters

PALO ALTO, U.S. -- Apple is optimistic about its outlook in China after the iPhone 11 was "extremely well received" in the world's biggest smartphone market, where the U.S. company has struggled of late. However analysts warn that Apple will face intensifying competition there as rivals aggressively push 5G offerings.

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