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Friday, Apple Inc. (NASDAQ:Aapl) The company has currently offers additional trade discounts for the new iPhone in China until June 18, 2025.
This initiative aims to stimulate the demand in an important market in which the company’s growing competition and sales decreased. Apple has increased the cost of trading for the old iPhone. For example, iPhone 15 Pro Max now has a growing value of the Chinese yuan to 5,700, the previous 5,625 yuan.
The company has a wide view of an Apple store showing the range of products offered.
A new iPhone 15 Pro Max starts in China 7,999 yuan. The trading cost of the iPhone 15 Pro rose to 4,750 yunan from 4,725 yuan. Although this growth is relatively small, an iPhone 15 is more than $ 5 for a iPhone 15 Pro), Apple signs ongoing efforts to increase sales in the world’s second largest economy.
Apple’s market position in China was protested with healthy local competition from companies such as Xiaomi and Huawei. In Q1, Apple, the iPhone shipping in China, was 8% per annum, and according to Kanalysis, in the country in the smartphone market in the smartphone market in the smartphone market in the smartphone market. This is reduced in previous Apple’s previous price in January 2025, including the iPhone 16 Pro 500 yuan during the Lunar New Year shopping season.
In addition, despite the temporary break of President Trump’s tariffs for China, there are potential special tasks in the chips and other electronics. Apple Inc. (NASDAQ: AAPL) is currently producing ~ 90% of iPhone’s iPhone via partner Foxconn. However, the company investigates the production of diversification to India, although Trump said Apple would prefer device production in the United States.
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Disclosure: No. This article was first published Insayer monkey.
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