I think the bigger problem is that the Chinese high-end market is tapped out for anything except newer-looking models (i.e. non-S updates), and that local Chine

I think the bigger problem is that the Chinese high-end market is tapped out for anything except newer-looking models (i.e. non-S updates), and that local Chinese brands are eating the low and medium end. Which Apple shouldn't want to dabble in anyway, as the margins are very thin.