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Apple raises trade-in prices for iPhones in China to spur demand in key market - TL;DR CNBC

Apple raises trade-in prices for iPhones in China to spur demand in key market

Publishing timestamp: 2025-05-23 07:45:03


Summary

Apple raises trade-in values for old devices in China to spur sales in the face of tough competition from local rivals like Xiaomi and Huawei. Despite facing challenges in the market, Apple continues to offer incentives and discounts to boost sales in the world's second largest economy.


Sentiment: MIXED

Tickers: AAPL2317-TW

Keywords: xiaomi corphuaweitim cooktechnologybusiness newshon hai precision industry co ltdiphonechinasmartphonesapple inc

Source: https://www.cnbc.com/2025/05/23/apple-raises-trade-in-prices-for-iphones-in-china-as-amid-competition.html


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