Apple is offering a rare discount on its latest iPhones in China as analysts express concern over slowing demand.
The sale comes ahead of the Chinese New Year and was announced on the company's website today.
Enjoy the benefits in advance and wake up early.
From January 18th to January 21st, use eligible payment methods to purchase designated Apple products and save up to RMB 800*.
While users can save up to 800 yuan on Mac, the discount is up to 500 yuan ($70 USD) off iPhone.
Use eligible payment methods to save up to RMB 500* on iPhone 15 Pro, iPhone 15 Pro Max, iPhone 15, iPhone 15 Plus, iPhone 14, iPhone 14 Plus or iPhone 13.
Apple's iPhone sales in China were down more than 30% year over year for the first week of January 2024, according to a recent report from Jefferies analysts. Sales at the company's competitors, like Xiaomi and Huawei, allegedly 'remained much stronger'.
"As we highlighted last week, iPhone's lower market share YoY in China is a negative surprise, and we believe the cannibalization is coming from not just HW, but also Xiaomi and 'others.'"
Apple is set to announce FY24 Q1 results on February 1 which will offer additional insight into the company's performance over the past few months. Please download the iClarified app or follow iClarified on Twitter, Facebook, YouTube, and RSS for updates.
The sale comes ahead of the Chinese New Year and was announced on the company's website today.
Enjoy the benefits in advance and wake up early.
From January 18th to January 21st, use eligible payment methods to purchase designated Apple products and save up to RMB 800*.
While users can save up to 800 yuan on Mac, the discount is up to 500 yuan ($70 USD) off iPhone.
Use eligible payment methods to save up to RMB 500* on iPhone 15 Pro, iPhone 15 Pro Max, iPhone 15, iPhone 15 Plus, iPhone 14, iPhone 14 Plus or iPhone 13.
Apple's iPhone sales in China were down more than 30% year over year for the first week of January 2024, according to a recent report from Jefferies analysts. Sales at the company's competitors, like Xiaomi and Huawei, allegedly 'remained much stronger'.
"As we highlighted last week, iPhone's lower market share YoY in China is a negative surprise, and we believe the cannibalization is coming from not just HW, but also Xiaomi and 'others.'"
Apple is set to announce FY24 Q1 results on February 1 which will offer additional insight into the company's performance over the past few months. Please download the iClarified app or follow iClarified on Twitter, Facebook, YouTube, and RSS for updates.