welcome
CNBC

CNBC

Technology

Technology

Apple raises trade-in prices for iPhones in China to spur demand in key market

CNBC
Summary
Nutrition label

71% Informative

Apple on Friday raised the amount of money people can get off their next iPhone in China by trading in their old device.

The iPhone 15 Pro Max now has a trade-in value of up to 5,700 Chinese yuan ($ 791 ), an increase from 5,625 yuan previously.

Apple has faced falling market share and declining sales amid tougher competition from local rivals.

VR Score

78

Informative language

83

Neutral language

29

Article tone

formal

Language

English

Language complexity

45

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

External references

no external sources

Source diversity

no sources

Affiliate links

no affiliate links