Chinese Retailers Forced to Sell Apple’s Latest iPhone Models With Huge Discounts

Article written by Yashu Gola from CCN. Read full article here.

Apple is looking at a weak financial quarter as demand for its latest iPhone models plunges in Chinese markets. Several local retailers, including Alibaba-backed JD.com and Suning, have introduced huge discounts on Apple’s top-of-the-line smartphones, according to CNBC. Suning slashed the price of 128 GB iPhone XR model from $1,036 to $858 – a 17.1% discount.

The post Chinese Retailers Forced to Sell Apple’s Latest iPhone Models With Huge Discounts appeared first on CCN

CCN, .

Powered by WPeMatico