Several Chinese online retailers have offered discounts on Apple Inc's iPhone 11, Reuters checks on Thursday revealed.
SHANGHAI - Several Chinese online retailers have offered discounts on Apple Inc’s iPhone 11, Reuters checks on Thursday revealed.
The price drops come as the hardware company braces for an uncertain year for the smartphone sector, as the global spread of the coronavirus dampens demand while Chinese rivals rush out 5G models. The 64GB version of the iPhone 11 Pro Max, meanwhile, sells for 7499 yuan , a discount of 1600 yuan from the price on Apple’s China website.
In February, as the virus peaked in China, Cook warned investors that the company would not meet its revenue guidance for the coming quarter amid disruption of both the Chinese supply chain and consumer demand there.
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