- By Ashish Singh
- Mon, 23 Oct 2023 05:39 PM (IST)
- Source:REUTERS
Apple iPhone 15 Price: If you are someone planning to buy an iPhone 15 and looking for the cheapest country to buy it, we have some good news for you. You will be able to get the iPhone 15 at massive discounts in China.
Prominent e-commerce sites, such as JD.com, Pinduoduo, and Alibaba's Taobao, are giving significant discounts on Apple's most recent iPhone 15 in an effort to increase sales in the Chinese market. Some models are priced as much as 1,501 yuan ( Rs. 17,058) less than the official retail rates.
Analysts have noted that the iPhone 15 has not been selling as well in China as its predecessor did. According to Counterpoint Research, sales of the iPhone 15 in China fell by 4.5% in the first 17 days after its debut compared to the iPhone 14.
Apple has occasionally permitted partner vendors to provide discounts in an effort to increase demand in China. Discounts have become a major reason to drive the sales due to the weak economy and as a result, the Chinese e-commerce platforms are playing a value for money war.
The 512 GB iPhone 15 is currently available on JD.com for 7,498 yuan, which is 1,501 yuan cheaper than Apple's official 8,999 yuan price. JD.com claims that this pricing strategy aligns with their business model, which they launched this year and consists of offering reasonable and competitive rates.
According to Reuters, Pinduoduo, a significant participant in the Chinese e-commerce market, is selling the 128 GB model of the iPhone 15 Plus for 6,098 yuan, which is 900 yuan cheaper than Apple's suggested retail price of 6,999 yuan.
Taobao, Alibaba's e-commerce portal, is also taking part in the pricing battle, offering the 512 GB iPhone 15 Pro Max, which was initially priced at 11,999 yuan in Apple's official store, for only 10,698 yuan.
The Weekly Economic Observer was the first to report on the iPhone 15 discounts offered by these e-commerce sites.
