Apple offers rare iPhone 15 discount in China amid demand fears

BEIJING – Apple is offering discounts of as much as 500 yuan (S$95) on its latest iPhones in China for the first time in years. It is a rare cut that may deepen fears about dwindling demand for its marquee device. Apple quietly introduced the savings on its official Chinese website on Jan 15. The deal runs from Jan 18 to Jan 21 ahead of the Chinese New Year shopping season, and the iPhone discount is equivalent to about 5 per cent off its top-of-the-line gadget. The move coincides with a growing preference within China for local brands such as Huawei, as well as edicts barring the use of foreign devices across a growing number of state-backed agencies and firms.…