US Edition
Apple raises trade-in prices for iPhones in China to spur demand in key market
- Apple raised trade-in values for the iPhone 15 Pro and Pro Max in China recently to support slowing sales ahead of the '618' shopping season.
- This increase follows years of declining iPhone shipments and market share in China amid growing competition and unclear support for retailer discounts.
- The trade-in value for the iPhone 15 Pro Max rose from 5,625 yuan to 5,700 yuan , while the iPhone 15 Pro offer increased by roughly $5.
- Apple’s minor trade-in hikes may partly reflect currency shifts and aim to make its devices more appealing despite intense rivalry from firms like Huawei and Xiaomi.
- These modest incentives suggest Apple is attempting to stabilize sales in China but face uncertain effects amid ongoing market and supply chain challenges.
Insights by Ground AI
Does this summary seem wrong?
11 Articles
11 Articles
All
Left
Center
3
Right
Apple tries out increasing iPhone trade-in values for China - TECHTELEGRAPH
Apple’s iPhone 15 Pro lineup In an attempt to help stem falling iPhone sales in China, Apple has introduced new trade-in deals, though they seem too minor. Apple has long benefited from trade-in deals, where it gets to sell new iPhones and also make money from old ones. In more recent years, it’s also seen sales in China decline, and enough so that local resellers have been offering steep discounts. Some of those discounts were already tied to …
Coverage Details
Total News Sources11
Leaning Left0Leaning Right0Center3Last UpdatedBias Distribution100% Center
Bias Distribution
- 100% of the sources are Center
100% Center
C 100%
Factuality
To view factuality data please Upgrade to Premium
Ownership
To view ownership data please Upgrade to Vantage
