Chinese consumers have enthusiastically embraced Apple Inc's (NASDAQ: AAPL) latest iPhone 15 series, defying earlier concerns about increased competition from Huawei Technologies Co, Ltd and a partial government ban on the company's products.
The response was so overwhelming that within the first 10 minutes of iPhone 15 pre-orders opening, Apple's official website in China crashed due to high demand.
The pre-orders on platforms like Alibaba Group Holding Limited's (NYSE: BABA) Tmall and JD.com Inc (NASDAQ: JD) have also been exceptionally strong, with the first batch of iPhone 15 Pro and Pro Max handsets selling out in less than a minute, SCMP Full story available on Benzinga.com