iPhone 14 discounts suggest lower than expected demand in China
February 6, 2023
Two of China’s biggest smartphone retailers are offering iPhone 14 discounts equivalent to well over $100 – a level of price cut usually restricted to older handsets.
One analyst estimates that sales of the four iPhone 14 models were some 28% lower than those of the iPhone 13 line-up at the same point …
Background
Apple recently reported its holiday quarter revenue, which was down 5%…