Apple Lowers iPhone, iPad, Mac Prices and More in China as Value-Added Tax Cut Goes Into Effect Today
https://wccftech.com/apple-cuts-iphone-ipad-mac-airpods-price-china/
The latest iPhones, iPad models, Mac series and AirPods have had their prices reduced by Apple in China this week. Nearly 6 percent of the original retail price has been slashed, making it easier on the customer’s wallet to own a premium Apple product in China. One of the reasons for the price drop could be thanks to a reduction of value-added tax in China. However, another aspect is that Apple would want to bolster sales of nearly all products to obtain a higher market share in the country.
According to CNBC, the iPhone XR now starts at 6199 RMB on Apple’s online store in China, which is a 4.6 percent price reduction than its previous 6499 RMB price tag. The higher-end iPhone XS and iPhone XS Max each received a 500 RMB price cut too, with the 5.8-inch model starting at 8199 RMB, while the humongous 6.5-inch variant carrying a price of 9099 RMB for the base storage version.