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In an attempt to help stem falling iPhone sales in China, Apple has introduced new trade-in deals, though they seem too minor.
US President Donald Trump boasted “jobs and factories will come roaring back” when he unleashed unprecedented tariffs around the world during his “Liberation Day” address last month.
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Stocktwits on MSNApple Increases Trade-In Prices For iPhones In China As It Looks To Fend Off CompetitionApple Inc. has increased trade-in prices for iPhones in China as it looks to fend off competition in the country. For instance, the trade-in value of the iPhone 15 Pro has been increased from 5,625 Yuan ($781) to 5,
Tariffs, politics, and shifting priorities are unraveling the iPhone supply chain that once tied the US and China together.
Apple has faced falling market share and declining sales amid tougher competition from local rivals like Xiaomi and Huawei.
Apple has raised the amount of money people can get off their next iPhone in China by trading in their old device, reports CNBC. The article notes that the move signals Apple’s desire to spur more sales in China,
Apple’s iPhone is the cornerstone of the company’s financial might. Can Tim Cook and his team sustain that growth in 2025 when the Chinese competition is outstripping them?
The iPhone 16 lineup is now being sold at discounts of over $350 on major Chinese e-commerce platforms, as the company and its retail