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Historically iPhones has been a bit of a status symbol in China (I'm sure elsewhere as well). With the design mostly staying the same it's not as obvious that you got the latest phone. Also, the top-of-the-line Chinese phones are quite good now and less and less people buy into 'foreign is better'. Similar trend in the car market.

The average consumer in China is also a lot less likely to be deep in the Apple ecosystem. People would generally only have the iPhone as their only Apple device and its super easy to switch to Android since people do nearly everything on just one app (WeChat).

Anyway, I'd be tempted to buy something like the Huawei Pura 70 or the Honor Magic V2 if I wasn't so deep in the Apple ecosystem. You see some really nifty stuff in the Chinese phones.
 
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Apple has nothing to worry about; even Huawei’s CEO uses an iPhone.
Using your competitor's product actually seems smart to me, optics aside. You can see what you can improve in your product if it does something better. Or pinpoint the flaws it has and target that in marketing, etc.

I bet it is common for execs to use competing products, though normally in private and without the public knowing about it since the optics are indeed bad.
 
Every single person I know outside of internet fan forums is thoroughly disillusioned with Apple. I see this sort of panic discounting becoming a wider trend as more people start to step away from the credit card. In my estimation if Apple doesn't rehire some decent designers and stop treating lifetime customers like cash machines then the goose is cooked. Too big to fail? More like the bigger they are the harder they fall.
 
“with strong competition from Huawei's latest high-end series of Pura 70 phones said to be partly behind the most recent drop in sales.”

Apple literally denied this in the last quarter report and said iPhone sales have increased in mainland China.
 
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Good. I don't understand why iPhone should cost more in China where they manufacture than in US. Apple did believe that they can keep on increase the price and people would buy without considering alternatives. In China, it's not important if it is Android or iOS. For them, WeChat is everything. So, even after all the restrictions US made against Huawei, they have succeeded in making own HW and SW. And Chinese are patriotic than any other people in the world.

Perhaps it's time for Apple to slash prices in EU too.
 
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Apple is going to have to have a major redesign every year to compete in China. There is a clear trend of Apple’s devices struggling in China for years with minimal design changes.
Apple products are banned from any Chinese government department or agency and it's generally not considered the done thing to own American products in China anymore. Hence the slide in sales.
 
A top-of-the-line 256GB iPhone 15 Pro Max can now be bought for 7,949 yuan ($1,199),...... Meanwhile, an entry-level 128GB ‌iPhone 15‌ model is currently being offered at the discounted price of 4,599 yuan ($636),

While $636 is correct, the $1199 is not. It is $1099.

And that is with VAT and Import Tax in China. The actual wholesale price Apple is doing is probably lowest anywhere in the world.

And I have been saying this for quite some time, most of the world are subsidsing iPhone sold in China.
 
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Isn’t that called anti-dumping?. Kind of a dirty move when you sell cheaper than in your own market?.
I feel betrayed because Apple never gives discounts in my country!.
iPhones have stopped innovating since forever, who wants and old-new phone when in that market with real competitors you v an find much more advanced phones?
 
Apple got them banned in the US and now karma is coming home to roost.

Chinese phones are lightyears ahead of anything apple is pumping out.

Tim is hoping you'll be too lazy to leave the "ecosystem" and Americans too scared to leave iMessage.

Honestly think Jeff Williams is sitting at his desk laughing at the fact he's approving the same design 6 years on the trot and sheep keep buying it with no real "smart" features.
 
Apple troubles have a lot more to do with trading and protectionist policies than being a reflection of what consumers actually want to buy. Kind of like what is happening with EVs in the US now. Apple is a great example of a "US company" in Chinese market and therefore has to be a part of the international trade tit-for-tat.
 
Apple should be slashing prices mid-cycle everywhere anyway. Which ducking company doesn’t reduce prices of their products, even by a cent, until hours before a new model is unveiled.

One who can... and even have their fans arguing FOR such policies & practices against other consumers who dare to question them. When consumers put seller interests above their own, the most core element of Capitalism is broken. The game is a simple one:
  • Seller tries to get as much as they can for whatever they are selling.
  • Buyer tries to get as much value as they can for the least price.
When Buyers flip to putting seller interests first, Seller becomes insanely rich while buyers just vent about ever-increasing prices and ever-pinched value propositions. Eventually buyers wake up and see the emperor has no clothes either by simply reaching the infamous straw moment... or by reaching a generally "tapped out" moment where there is no more cash or credit to "just pay" ANY price. One reckoning is not so bad. The other is very painful for all involved... and tends to last a long time.
 
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Vote with your wallet and prices go down as long as it isn't just a handful of people doing it. It has always been that way and always will be.

Streaming companies will learn the same eventually.
Streaming prices will not go down because the service providers all want to become profitable. It's not about subscriber growth at any cost anymore.

Just look to cable tv as evidence that prices do not come down when people vote with their wallet. Millions of people each year are cutting the cable tv cord. This has been happening for over a decade now and yet cable tv prices keep going up, not down.

cordcut.png
 
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Customers are queuing up for the Huawei. Long time ago we saw lines in front of the Apple stores …

 
in Brazil, Apple prices were always abusive, but the main competitor is Samsung.

Apple doesn't cut it's prices in their stores, but official retailers are pricing the iPhone 15 same or lower as the Galaxy S24.

The tides are turning
 
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Streaming prices will not go down because the service providers all want to become profitable. It's not about subscriber growth at any cost anymore.

Just look to cable tv as evidence that prices do not come down when people vote with their wallet. Millions of people each year are cutting the cable tv cord. This has been happening for over a decade now and yet cable tv prices keep going up, not down.

View attachment 2380455
You're 100% right.
They're raising the prices because they never made money, and also they learned that they can earn more if you pay and watch ads. So they raise the prices even higher on the ad-free versions to compensate for the lack of ad revenue.

I've read somewhere (can't remember and can't prove it, take with a grain of salt) that they earn more with lower tiers with ads than with the higher ones.
 
They're doing similar things in Europe, although only through their third party retailers. Not some shady retailers, but like really the big electronics stores and official Apple authorized resellers.

Like the 10th gen iPad has seen a ~25% discount since January, way ahead of the recent price cut.

And iPhone 15? Regular big discounts at nearly all carriers. I got one ~40% off compared to Apple's official retail price.
Amazon France has had lower prices than the official French Apple Store for years. Other offical resellers also lower prices regularly. I never buy directly from Apple, except only when I need a new Mac and I need to configure it.
 
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