Has iphone 16 series flopped badly? The iPhone 16 pro Max is already selling at a discount in China

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Below are all the prices you’ll need to pay to get your new iPhone depending on which part of the world you happen to be in when buying your device.

Online retailers in China have slashed the prices of Apple’s new iPhone 16 pro max ahead of its official release, as consumers in the world’s largest smartphone market hold out for the release of the US company’s first on-device artificial intelligence (AI) software.

PDD Holdings’ Pinduoduo, one of the country’s most popular e-commerce platforms, has started selling the iPhone 16 Pro max with 256 gigabytes of storage for 6,999 yuan (US$699), a 15 per cent discount from the official price of 8,999 yuan. The 1TB iPhone 16 pro max is being sold at an even steeper 15 per cent discount.

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The discounts suggest soft demand for Apple’s latest flagship handsets in China, a major market for the world’s most valuable company and one of the world’s most competitive. The iPhone 16 ships this Friday without AI features, considered the main selling point of the new series.

While Apple said it will launch its AI system in US English next month and in localised English in several markets in December, other languages, including Chinese, will not be available until next year. The company has also given no indication of how it plans to offer Apple Intelligence in China, where the government has tight oversight over generative AI services accessible by the public.