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Apple under pressure: traders cut prices for iPhones in China

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Apple device in the weakening of the business in China may be under more pressure. Several large electronics retailer in the people’s Republic of Hungary, the course of the week their prices for the new iPhone models. There were discounts of up to the equivalent of $ 118 for the new iPhone XR in the Version with 64 gigabytes. Also, the models of iPhone 8, iPhone XS and the XS Max will be affected by the price cuts.

Also over the weekend, there should be promotions, it was in the shops on Friday. Such days, such as the now worldwide spread of the “Black Friday” or the Chinese “Singles’ Day, which cuts outside of a major sale,” unusual. You are therefore further evidence that the iPhone-slack demand in China is also the beginning of the year. Apple did not comment initially. The prices in Apple’s Online store remained unchanged.

the price of the industry could put tees expert Mo Jia from the analytical house Canalys, according to several options. Apple could have lowered the purchase prices for the traders, the market for cheaper iPhones to the test, he suspects. “Or, Apple could be under pressure to clear out its iPhone-bearing.” Apple has fallen behind in China behind local rivals such as Huawei, the cheaper cell phones offer.

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