iPhone 15 Pro Max Becomes Best-Selling Mobile Phone in Q1 2024; Strategic Price Cuts Played a Role

HomeTech NewsiPhone 15 Pro Max Becomes Best-Selling Mobile Phone in Q1 2024; Strategic Price Cuts Played a Role

Highlights

  • iPhone 15 Pro Max tops global sales charts in Q1 2024.
  • Apple’s strategic price cuts drive massive consumer demand.
  • Promotional offers during major shopping events boost sales.
  • Apple attracts new customers with irresistible discounts.

In Q1 2024, the iPhone 15 Pro Max made an incredible achievement to be the best-selling mobile phone in the world.

The success registered by Apple becomes a very strong indication that, indeed, people are still interested in highly-priced smartphones.

iPhone 15 Pro Max Tops Sales Charts

iPhone 15 Pro Max Becomes Best-Selling Mobile Phone in Q1 2024; Strategic Price Cuts Played a Role
iPhone 15 Pro Max Becomes Best-Selling Mobile Phone in Q1 2024; Strategic Price Cuts Played a Role

According to the latest Counterpoint Research report, the iPhone 15 Pro Max drove mobile phone sales across the globe in Q1 2024.

Indeed, outstanding performance had to do with great device improvements linked to an important pricing plan.

The outstanding features of the iPhone Pro series paved the way for its success.

However, strategic pricing decisions made by Apple were the major catalyst that boosted sales for the iPhone 15 Pro Max and other models.

Price Cuts Proving a Game-Changer

Apple’s strategic price cuts drive massive consumer demand.
Apple’s strategic price cuts drive massive consumer demand.

For example, Apple introduced price cuts, which proved to be a game-changer in generating consumer demand.

The discounts, promotional offers, and timing around major shopping events like the 618 festival really hit home with buyers.

For example, the original price is 5,999 CNY, which translates to $828 for the iPhone 15, which dropped down to just 4,599 CNY after discounts applied; in other words, around $635.

It is due to this more than slight drop, in addition to the strategically planned sales around the Tmall 618, that it lifted Apple sales to a completely different level.

iPhone 15 Pro Max Becomes Best-Selling Mobile Phone in Q1 2024; Strategic Price Cuts Played a Role
iPhone 15 Pro Max Becomes Best-Selling Mobile Phone in Q1 2024; Strategic Price Cuts Played a Role

Apple surpassed a staggering 1.5 billion CNY, or $207 million, in transaction volume within just an hour of the sales event opening for Tmall 618 on May 20th.

Such huge price cuts also attracted not only current Apple customers but also caught a new tide of buyers for the brand.

Such new customer influx, motivated by such irresistible discounts, brought record sales for Apple.

First Quarter 2024: Apple cemented its place at the top in the highly competitive international smartphone market by offering cutting-edge technology at appealing prices.

APPLE IPHONE 15 PRO MAX SPECIFICATIONS

Key Specs

RAM 6 GB
Processor Apple A15 Bionic
Rear Camera 12 MP + 12 MP + 12 MP
Front Camera 12 MP
Battery 4400 mAh
Display 6.7 inches (17.02 cm)

General

Launch Date August 16, 2023 (Unofficial)
Operating System iOS v15

Performance

Chipset Apple A15 Bionic
CPU Hexa Core (3.23 GHz, Dual core, Avalanche + 1.82 GHz, Quad core, Blizzard)
Architecture 64 bit
Fabrication 5 nm
Graphics Apple GPU (four-core graphics)
RAM 6 GB

Display

Display Type OLED
Screen Size 6.7 inches (17.02 cm)
Resolution 1284 x 2778 pixels
Aspect Ratio 19.5:9
Pixel Density 457 ppi
Screen Protection Yes
Bezel-less display Yes
Touch Screen Yes, Capacitive Touchscreen, Multi-touch
Refresh Rate 120 Hz

Design

Waterproof Yes, Water resistant, IP68
Ruggedness Dust proof

Camera

MAIN CAMERA
Camera Setup Triple
Resolution 12 MP f/1.6, Wide Angle, Primary Camera
12 MP , Telephoto Camera
12 MP, Ultra-Wide Angle Camera
Autofocus Yes
Flash Yes, Dual LED Flash
Image Resolution 4000 x 3000 Pixels
Settings Exposure compensation, ISO control
Shooting Modes Continuous Shooting
High Dynamic Range mode (HDR)
Camera Features Digital Zoom
Auto Flash
Face detection
Touch to focus
Video Recording 1920×1080 @ 30 fps
FRONT CAMERA
Camera Setup Single
Resolution 12 MP f/2.3, Primary Camera
Video Recording 1920×1080 @ 30 fps

Battery

Capacity 4400 mAh
Type Li-ion
Removable No
Quick Charging Yes, Fast
USB Type-C No

Storage

Internal Memory 128 GB
Expandable Memory No

Network & Connectivity

SIM Slot(s) Dual SIM, GSM+GSM
SIM Size SIM1: Nano, SIM2: eSIM
Network Support 5G Not Supported in India, 4G Supported in India, 3G, 2G
VoLTE Yes
SIM 1
4G Bands:
TD-LTE 2300(band 40)
FD-LTE 1800(band 3)
3G Bands:
UMTS 1900 / 2100 / 850 / 900 MHz
2G Bands:
GSM 1800 / 1900 / 850 / 900 MHz
GPRS:
Available
EDGE:
Available
SIM 2
4G Bands:
TD-LTE 2300(band 40)
FD-LTE 1800(band 3)
3G Bands:
UMTS 1900 / 2100 / 850 / 900 MHz
2G Bands:
GSM 1800 / 1900 / 850 / 900 MHz
GPRS:
Available
EDGE:
Available
Wi-Fi Yes, Wi-Fi 4 (802.11 b/g/n)
Wi-Fi Features Mobile Hotspot
Bluetooth Yes, v5.0
GPS Yes with A-GPS, Glonass
NFC Yes

Multimedia

FM Radio No
Loudspeaker Yes
Audio Jack Lightning

Sensors

Fingerprint Sensor No
Other Sensors Light sensor, Proximity sensor, Accelerometer, Barometer, Compass, Gyroscope

FAQs

What made the iPhone 15 Pro Max the best-selling phone in Q1 2024?

The iPhone 15 Pro Max became the best-selling phone due to significant device improvements and strategic pricing decisions, including discounts and promotional offers.

How did Apple’s price cuts influence sales?

Apple’s price cuts, including discounts and promotional offers, significantly increased consumer demand, contributing to record sales for the iPhone 15 Pro Max.

What was the original and discounted price of the iPhone 15 in China?

The original price of the iPhone 15 in China was 5,999 CNY ($828), which dropped to 4,599 CNY ($635) after discounts.

What role did the Tmall 618 festival play in boosting Apple’s sales?

The Tmall 618 festival, with its well-timed sales and promotional offers, played a crucial role in boosting Apple’s sales, leading to a transaction volume of 1.5 billion CNY ($207 million) within an hour of the event opening.

Did Apple attract new customers with their pricing strategy?

Yes, Apple’s significant price cuts and strategic promotional offers attracted a new wave of buyers, in addition to current Apple customers, contributing to record sales.

Also Read: Apple Shares Dip Amid Concerns Over iPhone 16 Demand and Market Outlook

Also Read: iPhone 15 Pro Max Leads in Ookla Speedtest, Outperforming Rivals in Latest US Smartphone Rankings

Also Read: iPhone 15 Pro Max vs. Galaxy S24 Ultra: Who Wins in the Ultimate Durability Showdown?

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