Chinese retailers further discount iPhone 15 amid slowing sales

Major Chinese third-party retailers are offering steep discounts on Apple’s iPhone 15 just five months after launch, as the U.S. tech company faces slowing sales in China. This discounting follows a similar round of substantial discounts offered by online retailers in October. Discounts of up to 10% are also being offered on Apple’s iPhone 14 Pro. Apple occasionally allows partner vendors in China to offer discounts on its phones to boost demand. The iPhone 15 launch coincided with slowing sales for Apple in China, where it faces rising competition from local rivals. The retailers are offering discounts on all models of the iPhone 15 series, with some models sold at significantly lower prices.