It is recorded that Chinese online retailers have started discounting iPhones for the second time this year as
Apple Inc wrestles with a prolonged sales slowdown in the world’s
largest market.
Several electronics vendors announced discounts on iPhone this week, following
mass discounts in January just before Apple reported sinking sales in .
Gadget retailer Co Ltd said it would slash the price of the iPhone XS by as
much as 1,000 yuan ($148.95) from its official price. Suning had lowered the prices of
other iPhone models in January along with other retailers, but those cuts excluded the
iPhone XS.

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Pinduoduo Inc, an e-commerce site best known for selling inexpensive goods, has also
said it would sell the 64GB edition of the iPhone XS for 6,999 yuan, a drop of over 1,000
yuan from the official price.

Online retail giant JD.com Inc said it would offer discounts on a range of Apple products
including the iPhone XS and XS Max, with models of the latter device selling at discounts
of up to 1,700 yuan. Like Suning, JD.com initially did not discount the iPhone XS upon its
first major round of discounts in January.
Apple, JD.com and Pinduoduo did not respond to requests for comment, while Suning
could not be reached.

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Apple’s sales from China declined 20 percent year-on-year, according to its most recent
earnings report. Slowing demand for smartphones and increased competition from local
brands have chipped at its dominance in the country.
The U.S. company has yet to change the official sticker prices of its devices that it lists on
its Chinese website. Yet the company has partnered with Ant Financial, the finance arm of
Alibaba Group , and several state-owned banks to let consumers purchase
iPhones via interest-free loans

SOURCE: AllTechNG.com

https://www.alltechng.com/price-of-iphones-china-the-best-place-to-buy-iphones/

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