4 ms·
> JD.com (9618.HK), is selling the iPhone 16 Pro with storage of 128GB at 5,469 yuan That is roughly $759, including sales Tax and import tax. So Chinese gover
by ksec 1y ago
> JD.com (9618.HK), is selling the iPhone 16 Pro with storage of 128GB at 5,469 yuan
That is roughly $759, including sales Tax and import tax. So Chinese government collects around $100 of tax revenue. Compared to the US $999, before sales tax. Apple is effectively selling it below $659. Assuming JD is making some profits although that may not always be true.
But in any case I have been saying this for so many years I dont know why it hasn't gotten traction. Apple's has been pricing the world's iPhone to subsidise the Chinese market while maintaining their own margin.
- fspeech 1y agoWell the parts of the world that don't welcome Chinese competition deservedly pay a higher price for their phones. That is just the market at work. Apple isn't subsidizing their Chinese sales any more than Toyota is subsidizing theirs.
- ksec 1y ago>Well the parts of the world that don't welcome Chinese competition deservedly pay a higher price for their phones So that is every part of the world? Because apart from Japan, US has the cheapest iPhone selling price already.