Why is Apple more expensive in China?

Apple’s price adjustment shows that the Chinese market is an important source of profits for US companies, thanks to China’s large market size, its 400 million middle-income consumers and increasing emphasis on high-quality purchases, Gao Lingyun, an expert at the Chinese Academy of Social Sciences in Beijing.

Is it OK to buy iPhone from China?

They will be safe and basically will work as well as any phone, but as others have said it is difficult to see any benefit from buying a phone from China if you have access to other markets.

Why do Chinese people love iPhones?

What’s happening in the market is that Chinese customers appear to be using the iPhone as a benchmark for other smartphone brands. And even Chinese smartphone makers use the iPhone as a benchmark to demonstrate their success in the market. Perhaps when Apple makes its first 5G iPhone, then the market will be ready.

Do Asians have iPhones?

China, Taiwan, Thailand, Vietnam, Philippines, Malaysia and Indonesia are the main countries that bear those characteristics and participate in the manufacture of iPhone. While several asian countries assemble the iPhone, the phone is mostly assembled in China. It manufactures most of the iPhone in the world.

Is it okay to buy Hong Kong iPhone?

A good thing about buying iPhone in Hong Kong is HK models have dual physical SIM card slots. You might want to check if Iphones have international warranties. Absolutely no problem if you buy an unlocked version from official Apple store.

Why is the iPhone so unpopular in China?

Retailers across China are slashing prices of the iPhone. Sales of Apple’s flagship product are down nearly 20 percent in China, according to research firm IDC. Retailers across China are slashing prices of the iPhone.

Why is Apple’s iPhone sales slumping in emerging markets?

That could in part be due to customers around the world holding onto their phones for longer periods. But Apple’s slump in sales in emerging markets like China and India also come down to its expensive price range. Compared to smartphones from China, iPhones are not cheap.

Is the iPhone XS Max too expensive?

Compared to smartphones from China, iPhones are not cheap. For instance, the iPhone XS Max, costs nearly $1,400 — about twice the price of Huawei’s Mate 20 and nearly three times the cost of Xiaomi Mi Mix 3. iPhone prices are “just too expensive,” Kiranjeet Kaur of IDC told CNBC last week.

Why did Apple’s revenue drop 27 percent in China?

The slump in China was partially responsible for a 27 percent decline in Apple’s revenue coming from the world’s largest smartphone market. On the other hand, things are looking bright for Chinese telecoms giant Huawei Technologies.