SHANGHAI (Reuters) – Third party retailers in China are offering discounts of as much as 10% on Apple Inc’s iPhones 14 Pro amid sluggish demand for smartphones.
Electronics vendors JD.Com Inc and Suning are currently selling the iPhone 14 Pro basic model for 7,199 yuan ($1,062), checks of the JD.com’s app and Suning’s website showed. That is 800 yuan cheaper than the standard price on Apple’s official China website.
A number of other authorised Apple third party sellers are offering similar discounts on the iPhone 14 pro and Pro Max, Reuters checks of promotions on social media showed.
Apple did not immediately respond to a request for comment.
The China Securities Journal first reported the price cuts on Sunday.
($1 = 6.7782 Chinese yuan)
(Reporting by Josh Horwitz; Editing by Edwina Gibbs)