SHANGHAI (Reuters) – Apple Inc’s (AAPL.O) new iPhone SE for the budget-conscious is unlikely to be a major driver of sales in China, with analysts noting it lacks the 5G capability that most new Chinese smartphones in a similar price range offer.
FILE PHOTO: People wearing protective masks are seen in an Apple Store, as China is hit by an outbreak of the new coronavirus, in Shanghai, China, January 29, 2020. REUTERS/Aly Song/File Photo
In a poll conducted on social media site Weibo, 60% of roughly 350,000 respondents said they would not buy the $399 model, the cheapest iPhone available.
But roughly a fifth said they would buy it, and the rest said they would consider a purchase. Although respondents were not asked for reasons for their choices in the poll, many commented they would be interested if the price drops further.
“If you don’t buy it and I don’t buy it, tomorrow the price will drop another 200 yuan ($28),” said a Weibo user whose comment got more than 10,000…
Source Reuters Tech News
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