Apple slashes iPhone prices in China for the second time this year as local competition pressures its sales

Analysts say the out-of-character price cut is a "strategic move" to help Apple shore up its position in the world's second-largest economy.

Apple slashes iPhone prices in China for the second time this year as local competition pressures its sales
Analysts say the out-of-character price cut is a "strategic move" to help Apple shore up its position in the world's second-largest economy. Read More