Apple slashes iPhone prices in China
Apple has cut prices for several of its most important products on its official Chinese online store by nearly 6 percent. The price cuts affect products including iPhones, iPads, Macs and AirPods, according to Apple’s online store in China. The price cuts come months after the company blamed a $5 billion to $9 billion revenue shortfall in the fourth quarter of 2018 on “lower than anticipated ” iPhone sales and demand in China, Taiwan and Hong Kong.
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