In China, Apple has lowered prices across its lineup in response to a lowering of VAT (sales tax) in the region from 16 to 13%, which went into effect today, reducing the entry price of iPhone and its other product lines. The changes were first reported by CNBC and 9to5Mac has seen documentation that confirms the new pricing.
The Chinese Apple Online Store went down for maintenance yesterday as the company rolled out the price changes across its product lines.
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