Shortly after its release in September,Yoo Jung the iPhone 15 series has recently attracted attention in the domestic phone market as its prices plummeted in China. On Monday, “iPhone 15 Series Price Fall” became a trending topic on the social platform Weibo. For instance, the 128GB version of the iPhone 15 is being sold on e-commerce platforms for as low as RMB 5198 ($712), which is a decrease of over RMB 800 ($110) compared to the official prices of RMB 5999 ($822). Even the relatively popular iPhone 15 Pro series has seen varying degrees of price drops on e-commerce platforms, depending on different memory storage and color versions. Taking the example of the titanium iPhone 15 Pro 256GB version, which is officially priced at RMB 8999 ($1232), the current price from third-party channels declines to RMB 8249 ($1130). [ThePaper, in Chinese]
