"Dave, you've got to see these pictures," Jennie insisted when a friend brought a 3-camera Huawei P-20. The Girl is a video pro and not easily impressed. Other comments were less restrained, including "The best camera of 2018." Perhaps even more remarkable were the reviews saying how little difference there was between Huawei-designed Kirin 970 and Qualcomm's 845, the best wireless chip so far developed. Anyone who thinks China needs to copy is LOL stupid.
As Apple's market value approaches a $trillion, Huawei is surpassing them in sales volume. Apple is selling more high-end, high margin phones and maintains historically unprecedented profits. Their phones are incredible - but no longer unique. Phones are largely a fashion business. If fashions change, Apple could get clobbered. (That's a possibility, not a prediction.)
Apple is vulnerable to a Chinese reaction to the U.S. attack on ZTE.