Probably this is not true everywhere. If you happen to notice is this in India, people here apparently buy Iphone or any budget level Android phone. People used to buy Nexus (very few) and now with Pixel, I havent seen single one sold out. Take it or not, people with money goes for IPhone and budget friendly goes to Xioami Mi or Samsung lower end.
This is about one of the largest mobile phone users country. And apparently same holds for China
This is about one of the largest mobile phone users country. And apparently same holds for China