Lei Jun, Xiaomi founder and CEO
Lei Jun, Xiaomi founder and CEO, speaks at a launch ceremony for the Xiaomi Phone 4 in Beijing in 2014. Reuters/Jason Lee

Apple remains unstoppable as it becomes the most valuable company following the success of its iPhone 6 series. Considering the record breaking number of phones sold, it would be hard to imagine companies that can come close. However, Chinese smartphone maker Xiaomi, does not appear intimated by the former's success as it continues to come up on the radar as potential threat to Apple.

While the company's flaghsip, the Mi Note, has been out in the market for quite a few weeks, Wired feels it needs to be revisited or considered. For one, when the device launched in China last January, Xiaomi reportedly sold out units in as little as three minutes. In the United States, it is impossible to get hold of the Mi Note or any Xiaomi handset at all.

According to Wired's Marcus Wohlsen, despite being an Apple user, experiencing the Mi Note may have changed his mind. To quote: " I use Apple stuff because it works for me. It does everything I need, when I need it, without the slightest trouble. But after a few weeks of playing with the Mi Note, I could easily ditch my iPhone for one."

It is not that Xiaomi's phone is more revolutionary; rather, the author argues that holding and using the Mi Note does not feel any different from using an iPhone. It also does not hurl that Xiaomi's phones are almost half the price of Apple products. This in itself is a threat to Apple.

Despite the pending threats, Apple will proceed with its special event on March 9. According to the Wall Street Journal, it is highly likely that the event will be the "coming out" party of the Apple Watch. The event will commence at 10 a.m. at the Yerba Buena Center for the Arts Theater in San Francisco.

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