iPhone Air price in mainland China cut by 25pc just three months after launch

Apple had cut the price of its iPhone Air in mainland China by 2,000 yuan (HK$2243.55), representing a discount of about 25 percent on Thursday, bringing the starting price down to 5,499 yuan after government subsidies.

On third-party e-commerce platforms, prices have fallen further, with the handset available for around 5,099 yuan after trade-in subsidies.

The mainland version of the iPhone Air was launched on October 22 last year at an official starting price of 7,999 yuan, meaning the price of the new model has dropped by as much as 2,900 yuan in just three months.

Apple said the promotion is subject to limited quotas rather than an inventory clearance, with only 13,000 units of the iPhone Air available under the offer, while stocks last.

Cynthia ZHONG