Apple Boosts iPhone Trade-In Discounts in China to Reignite Lagging Sales
From Yahoo Finance: 2025-05-25 07:31:00
Apple Inc. is offering increased trade-in discounts for new iPhones in China until June 18, 2025, aiming to boost sales in a competitive market. The trade-in value for the iPhone 15 Pro Max is now up to 5,700 Chinese yuan, a slight increase from before. Despite facing challenges from local competitors like Xiaomi and Huawei, Apple’s efforts to stimulate demand in China continue with minor price adjustments. President Trump’s discussions on potential tariffs and Apple’s exploration of diversifying production to India add complexity to the tech giant’s market strategy. No promotional content included.
Read more at Yahoo Finance: Apple Boosts iPhone Trade-In Discounts in China to Reignite Lagging Sales