Share this @internewscast.com

Apple is offering a discounts across a range of its products in China, including the latest iPhones, its website shows, as it faces rising competition and growing fears of a lack of demand for its flagship smartphone.

Between Jan. 18 and Jan. 21, Apple is offering 500 Chinese yuan ($70) off its iPhone 15 range, including the most expensive iPhone 15 Pro Max.

There are also discounts available on certain Mac models and the iPad. The offers come ahead of the Lunar New Year in mid-February.

While third-party retailers in China sometimes offer discounts on iPhones around holiday periods, it’s extremely rare for Apple to do so on its own retail channel.

In a note on Jan. 7, analysts at Jefferies estimated that Apple experienced a 30% decline in iPhone sales year on year in the first week of this month. Jefferies also said Apple saw a 3% year-on-year decline in iPhone sales in China in 2023.

That’s thanks mainly to rising competition from local players like Xiaomi and Huawei, which are offering competitive high-end products.

Last year, Huawei launched a smartphone that contained a high-end chip despite U.S. sanctions designed to stop the Chinese tech giant from getting its hands on such technology. State media hailed it as a technological breakthrough. That device has helped Huawei boost its sales and make its comeback in the smartphone market in China after its handset business was dealt a heavy blow by U.S. restrictions.

Jefferies attributes Apple’s iPhone decline last year partly to Huawei’s device.

Share this @internewscast.com
You May Also Like
Woman undergoing an MRI scan.

Tragic Accident: Man Fatally Injured by MRI Machine While Wearing Metal Necklace

A MAN has died after he was sucked into an MRI machine…
Icelandic volcano erupts, forcing tourists to evacuate famous geothermal spa

Icelandic Volcano Eruption Leads to Evacuation of Popular Geothermal Spa

A volcanic eruption in Iceland led to the evacuation of the Blue…
Mugshots of Erik and Lyle Menendez.

Former Menudo Member Roy Rosselló Speaks Out About Allegations Against Menendez Brothers’ Father, Aiding Brothers’ Legal Victory

Ex-Menudo member Roy Rosselló has finally spoken out after his claims against…
Wes Streeting speaking in the House of Commons.

Junior Doctors Earning Over £90,000 Annually Join Strikes in Pursuit of 29% Pay Increase

NEARLY 2,000 junior doctors earned over £90,000 in one year, the Sun…
Erdogan rival jailed again, this time for insulting prosecutor

Erdogan’s Opponent Imprisoned Once More for Allegedly Insulting Prosecutor

The leading opposition figure in Turkey against President Recep Tayyip Erdogan has…
Knife attack at massive Portland rave leaves four teenagers wounded

Four Teenagers Injured in Knife Incident at Large Portland Rave

Authorities in Portland, Oregon are looking into an incident where four teenagers…

Execution date scheduled for man convicted of abducting and murdering woman in Florida insurance office

A man who kidnapped a woman from a Florida insurance office and…
Thousands of fire ants are forming rafts out of their own bodies

Countless fire ants create floating rafts using their own bodies

This army is in formation. Thousands of fire ants have been observed…
Internet trolls roast Kiss Cam Astronomer CEO and HR chief

Internet Trolls Mock Kiss Cam Incident Involving Astronomy Company’s CEO and HR Director

It was the Coldplay canoodle heard ‘round the world — and within…
ICE arrests illegal immigrant accused of decapitating Illinois woman after judge set him free

ICE Detains Undocumented Immigrant Charged with Decapitating Illinois Woman After Release by Judge

Immigration authorities in Chicago have apprehended a Mexican illegal immigrant who is…
Headshot of Pete DeJoy, Cofounder and SVP of Product at Astronomer.

Meet Pete DeJoy: The Interim CEO of Astronomer Replacing Andy Byron After Coldplay ‘Kiss Cam’ Incident

ASTRONOMER has appointed a new interim CEO following a viral “kiss cam”…
Watch: Police Response to Anti-ICE Protest on Kentucky Bridge Delivered Unhappy Moments for Activists

See: Tense Police Actions During Anti-ICE Protest on Kentucky Bridge Leave Activists Disheartened

In some blue cities, police often adopt a restrained approach when dealing…