Apple Sales In China Could Suffer Due To Weaker Demand
PYMNTS
JULY 2, 2019
The price cuts were prompted by lower-than-anticipated demand for iPhones in China, Taiwan and Hong Kong, the news outlet reported. Demand has been slumping in China for Apple products in part because of the hefty price tag. As one example, an iPhone XR is now priced 4.6 percent lower than it was at the end of March, the report said.
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