Apple Discounts Drive iPhone Sales Surge in China, But No Impact on Crypto Markets

Apple’s recent discount strategy for iPhones resulted in a slight boost of foreign phone sales to 3.52 million units in China during April, according to CAICT data. This increase offers insight into Apple’s pricing tactics but hasn’t produced any noticeable effect on the crypto market or related financial sectors so far. While analysts are observing this trend closely, initial findings suggest that the impact of Apple’s strategy remains localized. Notably, there has been no notable response from investors in Bitcoin (BTC) and Ethereum (ETH), indicating a lack of direct market influence by the discount promotions.