China still doesn't want iPhones despite Apple slashing prices, say market watchers

www.theregister.co.uk | 3/13/2019 | Staff
Kaliela101 (Posted by) Level 3
Click For Photo: https://regmedia.co.uk/2018/11/14/iphonexs.jpg

Price cuts in China have not helped revive demand for Apple's iPhone according to an analyst firm cited by Bloomberg.

Longbow Research used searches on China's dominant search engine, Baidu, to draw its conclusions, reckoning that year-on-year, interest had fallen by 47 per cent from 2018.

Approach - Bag - Salt - Demand - Consumer

It's an approach that needs to be taken with a bag of salt, however. Demand for consumer products crashes ahead of the Chinese New Year every year. Some 25 per cent of tech employees use the occasion to change jobs, too. Buying takes...
(Excerpt) Read more at: www.theregister.co.uk
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