iPhone sellers in China are reportedly cutting prices after to investors, whkch blamed the country's decelerating economy.
Suning will start selling the 64GB iPhone XR for 5,699 yuan (around $845/£660/AU$1,170), while it remains 6,499 yuan ($963/£752/AU$1,333) on Apple's Chinese site, according to Reuters. It'll reportedly sell the 64GB for 3,899 yuan ($578/£450/AU$800), compared to the 5,099 yuan ($756/£590AU$1,045) Apple price.
JD.com and rival Dangdang are cutting prices on models going back to 2017's iPhone 8, Reuters noted.
Apple didn't immediately respond to a request for comment.
"We believe the economic environment in China has been further impacted by rising trade tensions with the United States," Cook wrote.
Despite these problems, Apple is reportedly planning a freshfor 2019 -- including a successor to .
The Wall Street Journal says that's what it's hearing.
That's what Apple said.
reading•Chinese iPhone sellers reportedly cut prices following sales warning
Jan 24•Qualcomm-FTC lawsuit: Everything you need to know
Jan 24•Best Apple AirPods accessories
Jan 23•Apple is selling the iPhone SE again -- for $249
Jan 23•Google, Facebook and Amazon spending more than ever lobbying Congress