Apple cuts iPhone prices in China

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Apple cuts iPhone prices in China
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Apple has slashed prices on iPhones, iPads and other products on its official Chinese website

Apple cut the prices on iPhones, iPads and other products on its official Chinese website. The cuts followed a three percentage-point drop in the rate of value-added tax that kicked in on April 1, according to state-run news agency Xinhua. Apple reduced the price of some products, such as the iPhone XS, by even more than the 3% tax cut. Apple cancels plans for AirPower charging matThe latest 64GB iPhone XS now costs 8,199 yuan , making it 500 yuan , or 5.8%, cheaper for Chinese buyers.

Apple made AirPods even better with three impressive featuresBut the iPhone had already been struggling in China, even before the country's economy showed signs of slowing and the weak Chinese yuan bumped up prices.Apple's smartphone sales in China have been declining for more than three years and plunged by 20% last quarter, according to market research firm IDC.

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