Nus trivia News a.i. video




The Tesla Cybertruck is the first stainless-steel vehicle since the ill-fated DeLorean — here's a closer look at both (TSLA)

Cyber Monday 2019 best phone deals: Save hundreds on iPhone, Samsung, Pixel and OnePlus - CNET

Peloton is rolling out new apps for Apple Watch and Amazon Fire TV, plus cheaper pricing

Apple confirms shutdown issue with the 2019 13-inch MacBook Pro

The Best of Amazon’s 12 Days of Deals on Apple Watch, iPad, 4K TVs, and more - Digital Trends

Life after WeWork: laid-off employees take their next steps via Google docs, viral LinkedIn posts, and recruiting events hosted by ex-colleagues

The best PS4 Cyber Monday deals 2019: the hottest bundle prices compared - TechRadar

The Google Home Max is cheaper than ever at Walmart, and it includes a Home Mini for free

All of 2020's top Android phones running on Qualcomm's latest chip will have 5G — whether you want it or not

Congressman pleads guilty to spending campaign funds on Steam games

First Amazon Echo portable speaker to hit the shelves in December

EA Sports kicks legendary player out of FIFA 20 over Nazi joke

Halo: Reach PC lets players turn off anti-cheat to make modding easier

What we know about Qualcomm’s next-gen Snapdragon 865 and 765 chips

Focus mode comes to Android to limit distracting apps

Diablo 4 will lose Ancient Legendaries, make items more complex

Steve Case: The 230 cities that lost HQ2 'perhaps can create the next Amazon'

Biden will reportedly fund his proposals by taxing the ultra-rich and massive corporations like Amazon and Netflix

The Black Widow movie baked in a way to bring the character back

Nintendo Switch Cyber Week deals 2019 - GamesRadar

After being forced to cut prices in China, Apple still hasn't learned its lesson

Date published: 2019-09-11
Originally published: Here. Excerpt below.


Tim Cook announces the iPhone 11 at a launch event in Cupertino, Calif on Sept. 10, 2019.
Apple released a new range of iPhones on Tuesday but none of them had 5G capabilities. That, together with a hefty premium that Chinese users must pay for the latest iPhone 11 series, could hurt the U.S. technology giant's performance in China, analysts told CNBC.
The world's second-largest economy is a crucial market for Apple but it has struggled in recent times. In the second quarter, its China market share dipped to its lowest level in a year, according to Counterpoint Research. Shipments of iPhones also declined, the analysis showed.
One of the problems Apple had with the last iPhone series the XR, XS and XS Max was the premium pricing which put off some Chinese consumers. But Apple's new iPhone 11 range still has a hefty price tag in China.
Compared to the prices in the U.S., Chinese consumers have to pay a premium that's between 10.5% and 12.5% for the iPhone 11, and 18.6% to 23% more for the iPhone 11 Pro and Pro Max, according to an analysis by CNBC.
Compared to last year's XR the equivalent of the new iPhone 11 and the cheapest of the range, the premium was 28%. So that has come down significantly. But the premium for last year's XS and XS Max was around 26% not too much higher than the iPhone 11 Pro and Pro Max.
Prices slashed
In January, retailers in China cut the prices of last year's iPhone models. Months later, Apple announced its official price slash.
Analysts say that it appears Apple hasn't learned its lesson.
"Apple, after ten years of operations in China with local manufacturing, still commands a ~20% premium which is quite high for a market less developed in terms of per capita spend than U.S.," Neil Shah, research director at Counterpoint Research, told CNBC.
However, the iPhone 11 might find some love in China, given the premium is lower than the Pro and Pro Max and compared to the XR.
The price "might not matter as much for the high-end models ...


Related stories


Black Friday iPhone XR Deal Alert: 100GB Data and FREE Upfront Cost for £34/Month


Get yourself a new iPhone for less than $100 in this fantastic Cyber Monday deal


Explore more stories...

Continue reading story: Here.

Today's top stories on a.i.video


Other trending stories



Tell us what you think!


An ancestor 'modern in many ways' - Cosmos https://t.co/4XdA7kHDzy #Homo #Mounier #Mirazn pic.twitter.com/2WN8KP33vy

— NUS Trivia | tech news (@NusTrivia) September 11, 2019