📌 Key Highlights & Quick Takeaways:
- BEIJING: Apple's new foldable iPhone due to a defect caused customers to cancel orders and the price of the phone in China also fell.
- According to a Global Times report, just three days after the iPhone Duo went on sale in China, there have been reports of many customers ca.
- Pre-order bookings for the iPhone Duo began on October 16 and the initial shipment sold out in no time, but some Chinese distributors now ha.
BEIJING: Apple's new foldable iPhone due to a defect caused customers to cancel orders and the price of the phone in China also fell.
According to a Global Times report, just three days after the iPhone Duo went on sale in China, there have been reports of many customers canceling their orders, while the resale price of the phone has also dropped significantly compared to the beginning of this month.
Pre-order bookings for the iPhone Duo began on October 16 and the initial shipment sold out in no time, but some Chinese distributors now have the phone in stock and are selling it at less than Apple's fixed price.
In China, the official price of the 256GB model of the iPhone Duo has been set at 15,999 yuan, which is about 2,399 US dollars, and it has been declared as Apple's most expensive iPhone so far.
An Apple customer service representative told Chinese media the reason for the price drop was that third-party platforms can offer lower prices through their subsidies or vendor discounts, while the price on Apple's own website remains relatively stable.
