"Apple Slashes iPhone Prices in China Due to Declining Demand"

Apple's resellers in China are offering steep discounts of up to $180 on iPhone 15 models in response to weak demand, with the iPhone 15 Pro Max being sold at significantly lower prices than in previous years. This move comes as Apple faces a 13% year-on-year decline in sales and contends with a challenging economic climate in China, as well as resurgent competition from Huawei. Analysts suggest that these discounts are aimed at stimulating demand for iPhones amidst these challenges.