Wednesday, January 27, 2016

Cupertino, We Have A Problem: China's JD.Com Just Cut Prices On Apple Products By 17%

From Zero Hedge:

JD.com cut prices of Apple products on the internet marketplace by as much as 17%, according to information on the JD website. Customers can also purchase Apple products in 12 monthly installments with no interest charges and no downpayment." Among the discounts, iPad Air tablet with 16GB memory is priced at CNY 2,399 (USD 365), compared with CNY 2,888 on the Apple online store in China. The iPhone 6s Plus handset with 64GB memory is priced at CNY 6,288, compared with the official price of CNY 6,888.

http://www.zerohedge.com/news/2016-01-27/cupertino-we-have-problem-chinas-jdcom-just-cut-prices-apple-products-17

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