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China retailers slash iPhone prices after Apple sales warning

Reuters India Friday, 11 January 2019 ()
China retailers slash iPhone prices after Apple sales warningSeveral Chinese electronics retailers including Alibaba-backed Suning and JD.com have slashed iPhone prices this week, after Apple recently blamed poor sales of the smartphone in the country for a rare revenue warning.
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News video: China retailers slash iPhone prices

▶ China retailers slash iPhone prices 01:03

Chinese retailers are slashing prices for iPhones, in what analysts see as a fresh sign that the company may be struggling to shift the handsets in the expected numbers. Julian Satterthwaite reports.

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