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
Country singer Conner Smith involved in Nashville crash, killing pedestrian

Emerging Country Artist Conner Smith Cited Following Deadly Accident in Nashville

Police indicated Smith showed no signs of impairment at the time of…
Prosecution's 'inconsistencies' in prep school murder trial led to suspect's acquittal: jury foreman

Jury Foreman: ‘Inconsistencies’ in Prosecution’s Case Resulted in Acquittal in Prep School Murder Trial

The jury’s foreman in Raul Valle’s murder trial, who was found not…
QB Jake Retzlaff breaks silence on leaving BYU after rape accusation

Quarterback Jake Retzlaff Speaks Out on Departure from BYU Following Rape Allegations

Jake Retzlaff, a former BYU quarterback, addressed his departure from the university…

Tragic Loss: TikTok Influencer Aldo Miranda, 32, Discovered Dead at His Residence; Last Emotional Post Surfaces

TIKTOK star Aldo Miranda has died at 32 after sharing a devastating…
El Chapo's son pleads guilty to US drug trafficking

El Chapo’s Son Admits Guilt in US Drug Trafficking Case

As part of a plea agreement, Guzman Lopez admitted to helping oversee…
Trump calls Butler widow, Secret Service agrees to meeting after call for accountability

Trump Phones Widow of Butler: Secret Service Accepts Meeting Following Demand for Responsibility

The widow of Corey Comperatore, a victim of a shooting at a…
Damaged Camp Mystic mailbox in flood debris.

Heart-Wrenching Letters from Camp Mystic Kids Reach Families Days After Texas Floods Tragedy

Letters penned by young campers at Camp Mystic have begun reaching their…
War on cartels yields results as 'El Chapo' heir confesses to running violent drug empire

Crackdown on Cartels Sees Success as ‘El Chapo’s’ Son Admits to Leading Brutal Drug Operation

One son of the infamous drug trafficker “El Chapo” has confessed to…
Shocking New Report About What Far-Left Mamdani Allies Might Be Planning Against Jeffries, Other Dems

Surprising Insights on Potential Strategies by Far-Left Mamdani Supporters Against Jeffries and Fellow Democrats

Democrats are going off the rails, embracing extremism.  But because it’s Democrats,…
Ex-Jaguars employee convicted of stealing $22M from team now faces state charges

Former Jaguars Worker Convicted of $22M Theft Now Faces State Charges

Amit Patel, 32, was admitted into the Duval County Jail Tuesday afternoon…
Trump wants mass deportations, but US views of immigration are more positive since he took office

Trump Advocates for Mass Deportations, Yet American Opinions on Immigration Have Grown More Favorable Since His Presidency

WASHINGTON (AP) — Mere months after President Donald Trump’s return to office…
Federal judge restricts LAPD from targeting journalists with force at immigration protests

Federal Judge Prohibits LAPD from Using Force Against Journalists During Immigration Protests

A federal judge in Los Angeles, appointed by former President Joe Biden,…