Apple has reduced the price of some iPhone models on Chinese e-commerce platform JD.com, shortly after cutting its sales forecast and blaming flagging revenue on trade tensions and China’s slowing economy.
The price of the iPhone 8 has dropped by about RMB 600 (around $90) with a starting price of RMB 3,999. The iPhone 8 Plus saw a steeper drop of RMB 800.
The reduced prices for the iPhone 8 models are more than $150 lower than the prices listed on Apple’s China website.
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