Apple Offers Additional Trade-in Discounts for New iPhones in China
Reuters2025-05-23
(Reuters) - Apple is offering additional trade-in discounts for new iPhones in China until June 18, according to its website on Friday.
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Looks like Apple is feeling the heat from local competitors like Huawei and Xiaomi. Extending trade-in discounts in China could be a move to boost iPhone sales ahead of the 618 shopping festival. Interesting to watch how this impacts AAPL’s China revenue this quarter.
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