Apple’s new budget iPhone unlikely to make splash in China where 5G now commonplace

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SHANGHAI (Reuters) – Apple Inc’s (AAPL.O) new iPhone SE for the budget-conscious is unlikely to be a major driver of sales in China, with analysts noting it lacks the 5G capability that most new Chinese smartphones in a similar price range offer.

FILE PHOTO: People wearing protective masks are seen in an Apple Store, as China is hit by an outbreak of the new coronavirus, in Shanghai, China, January 29, 2020. REUTERS/Aly Song/File Photo

In a poll conducted on social media site Weibo, 60% of roughly 350,000 respondents said they would not buy the $399 model, the cheapest

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