Apple is offering discounts on the iPhone 15 in China because the Chinese are buying Huawei phones instead.
Apple offers rare discounts of as much as 5% off its top-of-the-line iPhones in China, a move it hasn't done in years and may signal low demand https://t.co/Zz6cqtSVVz
— Bloomberg (@business) January 15, 2024
Apple, $AAPL, iPhone sales in China fall 30% in first week of 2024, per Reuters.
— unusual_whales (@unusual_whales) January 10, 2024
At one point you could say that the Apple iPhone was a superior product to anything Huawei was producing. You can’t say that any longer. In fact, you could argue that the Huawei offering is better than what Apple is making. Apple has made no substantive improvements to the iPhone in years. The changes have been mostly superficial and this is catching up to them.
Also, why would Chinese want to buy a product from an American company when America is run by evil Jews who are constantly engaging in provocations over Taiwan?
The poor iPhone 15 sales in China spells trouble for Apple. This is a company in decline. I don’t believe those $3,499 virtual reality ski goggles they’re releasing are going to help them either.
They recently lost their status as the company with the world’s largest market cap to Microsoft.
Microsoft topples Apple to become global market cap leader https://t.co/UJxZbKX4Eg pic.twitter.com/JviqzaXcuM
— Reuters (@Reuters) January 15, 2024
