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Fortune

Lionel Lim

Chinese retailers are already slashing the prices of the iPhone 15 by over $100 amid reports of a sluggish launch for Apple's latest smartphone

Apple China Alibaba Huawei Counterpoint Research Fortune JDcom Taobao

(Credit: CFOTO/Future Publishing—Getty Images)

Retailers in China are already slashing prices of the newest iPhone, just over a month after its release.

Sellers on Chinese e-commerce platforms like Alibaba's Taobao and JD.com are offering discounts on Apple's latest iPhone 15 ahead of "Singles Day," the Nov. 11 shopping festival that now covers several weeks.

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