Apple Responds to Huawei Threat by Slashing iPhone 15 Prices in China

Apple is offering discounts of up to 2,300 yuan ($318) on select models. […] Apple has become dependent on discounts to shift ‌mid-cycle ‌iPhone 15‌‌ stock, with strong competition from Huawei’s latest high-end series of Pura 70 phones said to be partly behind the most recent drop in sales.