Apple's budget iPhone unlikely to make splash in China - Weibo poll [Reuters]
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Source: Reuters
Apple's new budget iPhone unlikely to make splash in China where 5G now commonplace SHANGHAI (Reuters) - Apple Inc’s new iPhone SE for the budget-conscious is unlikely to be a major driver of sales in China, with analysts noting it lacks the 5G capability that most new Chinese smartphones in a similar price range offer. In a poll conducted on social media site Weibo, 60% of roughly 350,000 respondents said they would not buy the $399 model, the cheapest iPhone available. But roughly a fifth said they would buy it, and the rest said they would consider a purchase. Although respondents were not asked for reasons for their choices in the poll, many commented they would be interested if the price drops further. “If you don’t buy it and I don’t buy it, tomorrow the price will drop another 200 yuan ($28),” said a Weibo user whose comment got more than 10,000 likes. Apple’s market share in China, its third-biggest market where it gains roughly 15% of its sales, has shrank over the past sever
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