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JD.com, China Mobile, and other Chinese retailers are discounting iPhone 14 models by over $100, an unusually steep price cut that suggests dwindling demand

Apple Inc.'s latest iPhones are selling at discounts of more than $100 in China, an unusually steep price cut just months after launch …

Bloomberg

Discussion

  • @bigbullcap Kaushik on x
    $AAPL Morgan Stanley - Apple's B/S inv increased Q/Q at the strongest rate in a decade, reflecting the late Dec iPhone 14 Pro/Pro Max ramp and strategic component pre-purchases. Separately, the App Store returned as a top 2 Services driver, while Music was a top 3 Services ..
  • @samnaniasif Asif Samnani on x
    @BigBullCap Meanwhile, there is rare $100 discount in China on iPhone 14. I thought supply was the big issue. https://www.bloomberg.com/...
  • @tonycfa @tonycfa on x
    $AAPL $QQQ $NQ_F $SMH $SOX *Apple's Latest iPhones Sell at Rare $100-Plus Discounts in China* ‘Apples latest iPhone is priced at an unusually steep discount in China only months after its initial launch, in a sign of dwindling demand’ -Bloomberg https://www.bloomberg.com/...