Apple cuts iPhone prices in China

Hong Kong (CNN Business)The prices of iPhones in China are falling thanks to a tax cut that took effect Monday.

Apple cut the prices on iPhones, iPads and other products on its official Chinese website.
The cuts followed a three percentage-point drop in the rate of value-added (sales) tax that kicked in on April 1, according to state-run news agency Xinhua.

Add a Comment

Your email address will not be published. Required fields are marked *

error: Content is protected !!