Apple is offering rare discounts on its iPhones in China, cutting retail prices by as much as 500 yuan ($70) amid growing competitive pressure in the world's biggest smartphone market. The move is a response to a sales slump and rising competition, including from domestic rivals like Huawei. The discounts, ranging from 5% to $70, will be available from 18 to 21 January. This marks the first time in years that Apple has cut prices in China, reflecting concerns about dwindling demand for its flagship device.
$AAPL ๐ธ iPhone discounts spread in China for Lunar New Year as sales dip iPhone prices are being slashed in China ahead of the Lunar New Year holiday, with major online retailers and Apple offering competing discounts as the device faces flagging sales amid competition fromโฆ
Bank of America today upgraded Apple $AAPL to Buy from Neutral while raising its price target to $225 from $208
Apple $AAPL is offering a rare $70 (6-8%) discount on the iPhone 15 in China as demand concerns rise and as competition with local rivals heats up. iPhone sales declined 30% YoY in the first week of 2024 after falling nealy 3% in all of 2023.
APPLE $AAPL upgraded to 'Buy' at Bank of America, price-target raised to $225, citing 8 key reasons: "We upgrade Apple to 'Buy' from 'Neutral', given the following: 1) Stronger multi-year iPhone upgrade cycle driven by need for the latest hardware to enable Generative Alโฆ
๐ด APPLE GAINS 1.7% PREMARKET AFTER BOFA UPGRADES TO BUY. $AAPL
Apple is offering rare discounts in China in a bid to beat back growing competition in the high-end market from rivals like Samsung and Huawei https://t.co/CMM6NPJ3dB https://t.co/CMM6NPJ3dB
For the first time in years, Apple has slashed the retail price of its latest iPhone products in China by as much as 500 yuan ($69.8) as competition from domestic rivals ramps up and consumers look for cheaper alternatives. https://t.co/8QqXyNZMDF
Apple's decision to discount iPhones in China makes a statement. https://t.co/ZaWrtbKZuU
Appleโs decision to discount iPhones in China makes a statement https://t.co/KP2VqLEJMP
$AAPL (-1.5% pre) Apple offers iPhone 15 at rare discount in China as competition intensifies - Reuters https://t.co/aE7AiH3C3v
Apple is offering a rare discount on its newest iPhone in China https://t.co/6sthkYjwZE
Apple slides as latest China move underscores big iPhone challenge https://t.co/l897nBzZk9
$AAPL -1.70% premkt ๐ธ Apple Discounts iPhones In China Amid Weak Demand Apple is offering discounts on its newer iPhones in China for the first time in years, amid mounting concerns of weak demand there due to new competition and a sluggish economy. AAPL stock fell modestlyโฆ
$AAPL ๐ธ APPLE SINKS 1.77% PREMARKET AFTER UNVEILING A BIG PRICE CUT IN CHINA
โ ๏ธ JUST IN: *APPLE OFFERS IPHONE 15 AT RARE DISCOUNT IN CHINA AS LOCAL COMPETITION HEATS UP https://t.co/ucAJunXBJC ๐ $AAPL ๐จ๐ณ๐จ๐ณ https://t.co/heFSaMxLaS
Apple is offering rare discounts in China, including on its latest iPhones, in a bid to beat back growing competition in the high-end market. @yoyominnie https://t.co/gCUxe4ijQO https://t.co/gCUxe4ijQO
Apple is offering rare discounts in China in a bid to beat back growing competition in the high-end market from rivals https://t.co/9azmVM4KJC
Apple is offering discounts of as much as $70 on its latest iPhones in China for the first time in years, a rare cut that may deepen fears about dwindling demand for its marquee device. https://t.co/Px1TB77CDD
"#Apple is quietly offering discounts of as much as 500 yuan ($70) on its latest iPhones in #China for the 1st time in yrs, a rare cut that may deepen fears about dwindling demand for its marquee device" https://t.co/WjWnS4V1IB
WATCH: In a rare move, Apple cuts prices of some of its phones by as much as $70 in China https://t.co/to3uuaPR2I https://t.co/wWYRfAftZn
In a rare move, Apple cuts prices of some of its phones by as much as $70 in China https://t.co/V609WaiIL4 https://t.co/s4QkF4vBqv
China gets another iPhone discount for Lunar New Year https://t.co/oWdurdSCq3 #Apple
WATCH: Apple offers iPhone 15 at rare discount in China as competition intensifies https://t.co/to3uuaPR2I https://t.co/okVjg9Xl2U
'Apple is offering discounts of as much as 500 yuan ($70) on its latest iPhones in China for the first time in years, a rare cut that may deepen fears about dwindling demand for its marquee device.' https://t.co/ZGIRR6sxfE
Facing a weak consumer appetite and fierce competition from domestic rivals amid U.S.-China tensions, a typically discount-wary Apple is offering a four-day sale on iPhones in China. https://t.co/5C5sIuxc9P
Apple Offers Ultra-Rare iPhone 15 Discount In China Amid Sliding Demand Fears https://t.co/1kxyY7XbXm
$AAPL Gap above and 200D below.. Talk they are discounting phones in China.... not good. https://t.co/CWqWJoMCOD
Apple now tries slashing iPhone prices in China. $AAPL https://t.co/wA8f5V1178
WATCH: Tech giant Apple offers discounts in China in a rare move https://t.co/to3uuaQoSg https://t.co/6e2YyNgEg6
Tech giant Apple offers discounts in China in a rare move https://t.co/V609WaiIL4 https://t.co/e9EE1XxIe5
Apple to offer rare iPhone 15 discount in China as sales slump deepens - https://t.co/5bURRpxOHJ by @omarmoharram21
$AAPL | Huawei Heats Up Competition As Apple Slashes iPhone 15 Prices By $70 For A Limited Time In China https://t.co/I3TxhNIorR
$AAPL now giving discounts of 5% to Chinese customers on iPhone 15s! IPhone buyers in China will save 500 yuan ($70/โฌ65) on iPhones as part of a deal that will last from 18 to 21 January, Apple announced on Monday. https://t.co/PyQgHi0wrN https://t.co/PyQgHi0wrN
APPLE OFFERS IPHONE 15 AT RARE DISCOUNT IN CHINA AS COMPETITION INTENSIFIES (Reuters) Apple is offering rare discounts on its iPhones in China, cutting retail prices by as much as 500 yuan ($70) amid growing competitive pressure in the world's biggest smartphone market. https://t.co/J9nnQEhYxX
Apple Cuts iPhone Prices in China. What It Means for the Stock. https://t.co/oLeDneg1nc
Apple offers iPhone 15 at rare discount in China as competition intensifies https://t.co/kYcpYgdCjC
Apple slashes iPhone prices in China amidst rising competition https://t.co/MzVa9awzOj https://t.co/oPIAIpwakg
Apple to Offer Rare iPhone Discounts in China in Response to Sales Slump https://t.co/KE5L0E0sIE https://t.co/CQTXbkuET5