Apple offers rare iPhone discount in China as demand fears rise
Publishing timestamp: 2024-01-15 04:00:57
Summary
Apple is offering discounts on its iPhone 15 range in China ahead of the Lunar New Year, which is rare for the company. This comes as Apple faces competition from local players like Xiaomi and Huawei, and there are concerns about the demand for its flagship smartphone. Analysts have reported a decline in iPhone sales, partly attributed to Huawei's high-end devices.
Sentiment: NEGATIVE
Tickers: AAPL,
Keywords: breaking news: politics, business news, china, technology, huawei, apple inc, politics, smartphones, iphone,
Source: https://www.cnbc.com/2024/01/15/apple-offers-rare-iphone-discount-in-china-as-demand-fears-rise.html