Tom Forte, Senior Consumer Internet Analyst at the Maxim Group, discusses Apple's innovation problem.
Chinese e-commerce marketplaces JD.com and Alibaba's Tmall have been selling select iPhone models at discounts as high as 20% since promotions for 618 festival started on Monday.
While the promotions coincide with the shopping festival, the steep discounts are also likely tied to slowing iPhone sales, said Le Xuan Cheiw, an analyst at technology market research firm Canalys.An advertisement for the Huawei Pura70 mobile phone is being seen in front of the Apple Store on the pedestrian street of Nanjing Road in Shanghai, China, on May 15, 2024.
Apple's 256-gigabyte iPhone 15 Pro Max was being sold for 7,949 yuan , down from the original 9,999 yuan, a significantly higher discount than those According to a statement from Alibaba, this year's event will include two sales periods from May 20 to May 28, and from May 31 to June 20.on the iPhone 15 when Chinese buyers trade in iPhone 11 or later versions, according to the company's website.While the promotions coincide with the shopping festival, the steep discounts are also likely tied to slowing iPhone sales, Le Xuan Cheiw, an analyst at technology market research firm Canalys, told CNBC.
JD.Com Inc Apple Inc Technology Breaking News: Technology Business Business News
United Kingdom Latest News, United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
The Tom Cruise Role That Was Written With Tom Hanks in MindLiam Gaughan is a writer at Collider with a passion for classic films and the work of Steven Spielberg and Martin Scorsese.
Read more »
Returning Comedy Show With 99% On RT Just Released The Perfect Rival To Netflix’s Tom Brady RoastCollage of Tom Brady in The Roast of Tom Brady and Jean Smart in Hacks
Read more »
Apple Memorial Day sales: Save on Apple Watch, iPad, MacBook, and moreApple Memorial Day sales are now live ahead of the holiday. Don't miss this chance to buy an iPad, iPhone, AirPods, MacBook, or Apple Watch with a discount.
Read more »
Apple reportedly puts the kibosh on its FineWoven iPhone cases and Apple Watch bandsAlan, an ardent smartphone enthusiast and a veteran writer at PhoneArena since 2009, has witnessed and chronicled the transformative years of mobile technology. Owning iconic phones from the original iPhone to the iPhone 15 Pro Max, he has seen smartphones evolve into a global phenomenon.
Read more »
Apple Spring Event: OLED iPad Pro, M2 iPad Air, Apple Pencil 3, and more to expectApple will hold an iPad event on May 7. Here is everything we know about it, what products will be announced, and more.
Read more »
Apple launches special ‘Made for Business’ Apple Stores sessions for small businessesApple wants to convince small businesses and entrepreneurs that the best way to grow their ideas is by using Apple products..
Read more »