Apple (AAPL) is offering rare discounts of up to 500 yuan, or $68.50, on its latest iPhone models in China, as the tech giant seeks to defend its market share against rising competition from domestic rivals like Huawei, Reuters reports. The promotion will last for four days, from January 4-7, and will apply to several iPhone models, including the flagship iPhone 16 Pro, according to the report.
Don't Miss Our New Year's Offers:
- Discover the latest stocks recommended by top Wall Street analysts, all in one place with Analyst Top Stocks
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on AAPL:
- UBS cuts Apple estimates further below consensus on iPhone data
- QQQ ETF News, 1/1/2025
- FAANG Stocks: Strong Performance in 2024 Sets the Stage for 2025
- Raymond James Analysts Argue a TikTok Ban is Likely
- Trump Trade: Chinese companies could sidestep tariffs again