Apple Reduces iPhone Prices in China Amidst Growing Competition

Reported 3 days ago

Apple has introduced discounts of up to 500 yuan ($68.50) on its latest iPhone models in China from January 4-7, 2025, as it faces increased competition from local rivals like Huawei. This decision comes in light of a declining market presence and cautious consumer spending due to a slowing economy. The promotions apply to various models, with the iPhone 16 Pro and Pro Max seeing the highest discounts, amid a landscape where Huawei has significantly reduced prices on its premium devices.

Source: YAHOO

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