New iPhone 17 unveils in Moscow, as pre-orders jump despite slowing economy

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Russian resellers unveiled Apple‘s new iPhone 17 in stores on Saturday, as major retailer Restore: reported a sharp rise in pre-ordering this year.

Strong demand for Apple smartphones offers a sign that consumer demand for popular products has yet to falter in line with a wider economic slowdown in Russia. The country has seen 20-year-high interest rates and a budget deficit of over 4 trillion roubles this year.

The iPhones’ popularity in Russia has endured Apple halting sales in 2022 and suspending services like Apple Pay in the wake of Western…



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New iPhone 17 unveils in Moscow, as pre-orders jump despite slowing economy



Russian resellers unveiled Apple‘s new iPhone 17 in stores on Saturday, as major retailer Restore: reported a sharp rise in pre-ordering this year.

Strong demand for Apple smartphones offers a sign that consumer demand for popular products has yet to falter in line with a wider economic slowdown in Russia. The country has seen 20-year-high interest rates and a budget deficit of over 4 trillion roubles this year.

The iPhones’ popularity in Russia has endured Apple halting sales in 2022 and suspending services like Apple Pay in the wake of Western…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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