HANGZHOU/SHANGHAI (Reuters) – A cheaper price tag and new options might not be sufficient for Apple Inc (AAPL.O) to win prospects for its newly-launched iPhone 11 collection in China, the world’s largest smartphone market that’s already crowded with cheaper and feature-packed rival handsets.

FILE PHOTO: CEO Tim Cook dinner presents the brand new iPhone 11 at an Apple occasion at their headquarters in Cupertino, California, U.S. September 10, 2019. REUTERS/Stephen Lam/File Picture

Apple’s unveiling of three new iPhones in California met with a limp response on Wednesday from analysts and on social media in China, the place the U.S. big has been shedding floor to…

Source link