Apple to weather Covid-19 blow in China with discounts, cheap iPhone

  1. home
  2. > tech
  3. > Apple to weather Covid-19 blow in China with discounts, cheap iPhone
replay trump newslist
up NEXT IN 5 SECONDS sports newslist
tap to unmute
00:00/00:00
NaN/0

Apple to weather Covid-19 blow in China with discounts, cheap iPhone

Apr 29, 2020 13:11 IST

Apple is reportedly in a better position to deal with a slump in global smartphone demand due to the Covid-19 pandemic. This is most likely thanks to the recent launch of the new iPhone SE (2020) which is being offered at competitive price point in China, a region which accounts for 15 per cent of its revenue. The retail stores in the US and Europe have been closed following the outbreak, and China is the only major market where all its shops are open. Apple is expected to release the second-quarter results on April 30.