ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter
Business

Apple peddles second-hand goods in China

SILICON VALLEY -- Apple recently reported an increase in net profit in the April-June term, its second straight quarterly jump. Credit went to "special demand" for the iPhone from customers of China Mobile Communications, the world's biggest mobile phone service provider, with more than 700 million users.

     But that demand may be on the wane. "Apple's smartphones are expensive," said a man in his 20s who was checking out iPhones at the Apple Store in China Central Mall, the U.S. company's largest directly run outlet in Beijing, in the Dawanglu commercial district. "Next time, I think I'll buy a Xiaomi" model.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more