That's great news for our China friends... Now do Europe.
They do it, if VAT is lowered. I remember a lower VAT percentage in Switzerland some time ago. Now prices are kind of 39.77 instead of earlier 40 (just an example)
That's great news for our China friends... Now do Europe.
Yeah a 5% discount isn't enough for that market, I'd recommend 30% offThat is not a serious cut. Apple does not think it is in a crisis. Well, it might become a catastrophe by the end of the year. China is fast evolving market out of Apple's last year plan. Take it seriously, Apple. Make a 20-25% price cut and hold your market share. Samsung is dying there. Did you not see that?
Chinese buy Huawei phones - plain and simple. They really do not want western companies in their markets (in this space) and feel companies like Huawei are a symbol of national pride - think GM in the 50's, 60's, 70's, 80's..
Well that plus the fact that the average salary in China for a white collar worker in 2018 was 7629 RMB per month, about $1136 USD. Even in Bejing where the highest average monthly pay is that is about 10,200 RMB or $1520 USD.
The overall average probably much lower across all careers.
Meanwhile, the average US salary is about $56,000, or $4,666 per month; over 4 times more for the averages. Probably more if you did a direct country to country average.
Money is a big issue. Asking someone to buy a phone that is 10% of their yearly salary is a tough proposition. It would be like expecting someone in the US to buy a $1099 XS Max with $12,000 per year pre-tax income
the living price in China is much lower than US accordingly. for instance, a hair cut only cost you $7 in major city. a meal only cost you around $3 normally.Well that plus the fact that the average salary in China for a white collar worker in 2018 was 7629 RMB per month, about $1136 USD. Even in Bejing where the highest average monthly pay is that is about 10,200 RMB or $1520 USD.
The overall average probably much lower across all careers.
Meanwhile, the average US salary is about $56,000, or $4,666 per month; over 4 times more for the averages. Probably more if you did a direct country to country average.
Money is a big issue. Asking someone to buy a phone that is 10% of their yearly salary is a tough proposition. It would be like expecting someone in the US to buy a $1099 XS Max with $12,000 per year pre-tax income
I see you have a good taste for camera'sNailed my reaction. Then I was about to be mad as I just spent $3800 on a new iMac.
Samsung is not dying in China, it is dead period.That is not a serious cut. Apple does not think it is in a crisis. Well, it might become a catastrophe by the end of the year. China is fast evolving market out of Apple's last year plan. Take it seriously, Apple. Make a 20-25% price cut and hold your market share. Samsung is dying there. Did you not see that?
Chinese buy Huawei phones - plain and simple. They really do not want western companies in their markets (in this space) and feel companies like Huawei are a symbol of national pride - think GM in the 50's, 60's, 70's, 80's..
Samsung is not dying in China, it is dead period.
it is dying in any open-market countries.
Don't forget that Huawei and other brands are offering better in specs and features for a fraction of an iPhone. Apple has to offer more value for money instead of focusing on profits alone. Apple is pushed out of China with their iPhones and I won't see them returning. It's simply a question of value for money and if Apple wasn't such a strong brandname it should see the same results in europe.
The best way to rebuke Apple is to keep your existing Apple devices longer and try other platforms these days. Its amazing how many of the major YouTube influencers are switching over to alternatives: Windows 10 devices and Android.
Oddly Chinese have bought lots of IPhones every quarter up till the Holiday quarter when we the tarrif war kicked into high gear.Chinese buy Huawei phones - plain and simple. They really do not want western companies in their markets (in this space) and feel companies like Huawei are a symbol of national pride - think GM in the 50's, 60's, 70's, 80's..
I don't think it has much to do with national pride. A lot of that has to do with price and features. iPhones are nice but it is very expensive. You can spend significantly less on a Huawei or Xiaomi or OPPO without too much compromise in features.
This article cites a connection between a reduction in VAT and Apple’s price reduction, but the author should have done a bit of research before making this unsupported conclusion.
First, China’s VAT on manufacturing applies at each stage of the manufacturing process and only on what was manufactured at that stage.
In addition, VAT applies to imported parts used in the assembly of a product.
The factories that assemble iPhones in China do not manufacture most of the components that are incorporated into those phones. For example, displays and memory are manufactured in South Korea. The A chips are manufactured in Taiwan and South Korea.
All of these parts are taxed when they are imported into China, not when they are assembled into an iPhone.
Apple isn't officially lowering its prices in China. It's China lowering the VAT on these consumer electronics, and Apple is one of the first to react as they have a very transparent pricing structure.
Unofficially, Apple is intentionally being blind on its resellers in China selling the products on considerable discounts for quite some time now, which wasn't the case in the previous years.
Oddly Chinese have bought lots of IPhones every quarter up till the Holiday quarter when we the tarrif war kicked into high gear.
This is true. Chinese markets and Chinese culture are too protectionist for anyone to expect Apple or any other non-Chinese company to achieve market dominance.Chinese buy Huawei phones - plain and simple. They really do not want western companies in their markets (in this space) and feel companies like Huawei are a symbol of national pride - think GM in the 50's, 60's, 70's, 80's..
Oddly Chinese have bought lots of IPhones every quarter up till the Holiday quarter when we the tarrif war kicked into high gear.
It’s 2019, SSD prices have dropped significantly, there’s no reason why Apple can’t offer SSD in the standard configuration. The only justification is greed.