Retailers are slashing iPhone prices across China as consumers say the phones aren’t worth the cost

Posted on January 11, 2019 3:01 pm
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URL https://govtslaves.info/2019/01/11/retailers-are-slashing-iphone-prices-across-china-as-consumers-say-the-phones-arent-worth-the-cost/ 

Apple’s latest iPhone models are facing huge discounts in China as retailers try to sell the struggling devices. That comes as the top-of-the-line Apple smartphones have posted poor China sales on what experts say are too-high prices for the world’s largest smartphone market and a lack of innovative features compared to local competitors like Huawei. The technology giant itself acknowledged earlier this month that unexpectedly low sales in the Chinese market would likely lead to worse-than-anticipated first quarter revenues. One of the most recent iPhone cost cuts in the country came from Suning, a large Chinese retailer, which changed the…

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