iPhone 11 prices in China slashed to boost demand
What you need to know
- Several e-commerce sites in China have slashed their iPhone prices.
- The iPhone 11 can now be bought for just US$708.
- The most expensive iPhone, the 11 Pro Max, has been reduced by 1,600 yuan (US$227).
Several e-commerce sites in China have slashed their iPhone 11 prices in order to boost demand and sales.
As reported by South China Morning Post:
The report notes that JD.com, as well as Suning and Guomei, are all offering the same price cuts. Apple, however, is not reflecting any of these price changes. Apple largely stays away from any and all promotional offers on its products, particularly regarding price reductions. The only notable exceptions are its student discount and Back to School offers, and Black Friday gift card deals.
The report notes that the coronavirus pandemic has not only impacted smartphone supply chains and manufacturing but also demand from consumers.
As SCMP notes, a recent Strategy Analytics report this week claims that one-in-three consumers in China have delayed or canceled their plans to buy a smartphone because of COVID-19. Specifically, 37% of consumers said they would delay buying a new smartphone, and 32% of those planning to adopt 5G had now delayed that move also.
Apple's retail stores in China are now all open as life in China very slowly begins to return to normal. Whilst some restrictions on the populace are being lifted, it may be some time before economic recovery follows suit.
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Stephen Warwick has written about Apple for five years at iMore and previously elsewhere. He covers all of iMore's latest breaking news regarding all of Apple's products and services, both hardware and software. Stephen has interviewed industry experts in a range of fields including finance, litigation, security, and more. He also specializes in curating and reviewing audio hardware and has experience beyond journalism in sound engineering, production, and design. Before becoming a writer Stephen studied Ancient History at University and also worked at Apple for more than two years. Stephen is also a host on the iMore show, a weekly podcast recorded live that discusses the latest in breaking Apple news, as well as featuring fun trivia about all things Apple. Follow him on Twitter @stephenwarwick9