Apple (AAPL) China is to launch a Lunar New Year promotion, offering up to CNY 1,000 off select products, excluding the iPhone 17 series
Apple's announcement of a Lunar New Year promotion in China, offering significant discounts on select products, is likely aimed at boosting sales during a critical shopping period, which can positively impact overall revenue.
PBoC sets USD/CNY mid-point at 7.0019 vs exp. 6.9697 (prev. 7.0014)
PRE-MARKET CHINESE STOCK NEWS
Apple (AAPL) China is to launch a Lunar New Year promotion, offering up to CNY 1,000 off select products, excluding the iPhone 17 series
Valero (VLO) is reportedly buying Venezuelan oil as part of the US deal with Venezuela, Reuters report citing sources
PRE-MARKET TAIWANESE AND SINGAPOREAN STOCK NEWS
Open the platform and use it. The whole workspace is free to try, with no signup and no card. When you want the headlines arriving live instead of on a delay, Newsquawk Pro is £24.99 for 7 days.
However, the exclusion of the iPhone 17 series may indicate a focus on older models, suggesting a strategic move to clear inventory rather than a sign of strong demand for the latest product. Investors should consider the implications for Apple's market position in China, particularly as competition intensifies in the tech sector.
Related headlines
- Apple (AAPL) launches Siri AI with personal context awareness1 hour ago
- OpenAI quietly bought a startup developing higher quality cameras for smartphones in recent months, according to WSJ citing sources33 min ago
- US President Trump says "AI taking over the World, destroying Humanity, and all other things bad, is a HOAX"1 hour ago
- Google Cloud (GOOGL) announces general availability of Pause/Resume for dataflow batch jobs and support for Nvidia (NVDA) RTX Pro 6000 Blackwell GPUs2 hours ago
- Alphabet's (GOOGL) Waymo will bring autonomous ride-hailing to Las Vegas3 hours ago
- Pinterest (PINS) builds a new foundation for multimodal Ai with Nvidia (NVDA)3 hours ago
- Moderna (MRNA) affirms their 2028 break-even and up to 10% 2026 top-line growth4 hours ago
- Google (GOOGL) says they are exploring a new data centre project in New Mexico4 hours ago
- US President Trump says "The only control or “guardrails” that AI needs is a STRONG AND SMART (High IQ!) PRESIDENT, and the U.S.A. has that,"5 hours ago
- US EQUITY OPEN: Stocks lower at the open as chip and memory names tumble on calls to slowdown AI development5 hours ago
- Microsoft (MSFT) has published a new AI "code of conduct", which aims to avoid the development of code that evades human oversight, The Information reports6 hours ago
- Anthropic data fears prompt Nvidia (NVDA), Palantir (PLTR) and Booz Allen (BAH) to restrict model use, reports The Information6 hours ago
- Nvidia (NVDA) is expanding its open source CUDA-Q platform with CUDA-Q Logical6 hours ago
- Three of the biggest names in streaming, Netflix (NFLX), Amazon (AMZN) and YouTube (GOOGL), announced the formation of a new policy coalition to support their positions on key issues, reports Axios6 hours ago
- US BROKER MOVES: AFRM upgraded at Wolfe Research; ACN downgraded at Wells Fargo6 hours ago
- Airbnb (ABNB) reportedly establishes a USD 250mln fund to invest in housing construction, WSJ reports9 hours ago
- Equifax (EFX) says mortgage conditions have deteriorated since July guidance46 min ago
- Northrop (NOC) says the Entinel missile is on track for a 2027 flight test1 hour ago
- Bank of America (BAC) CEO says co. will see USD 1.6-1.8bln in Q3 Investment Banking fees; sales and trading revenue expeced roughly flat Y/Y1 hour ago
- Estée Lauder (EL) announces partnership with Profound to expand AI visibility across its global brand portfolio2 hours ago
The whole workspace, free to try.
Try it free