Customers browse inside the Apple Inc. store at Sanlitun in Beijing, China, on Thursday, Jan. 3, 2019. Apple cut its revenue outlook for the first time in almost two decades citing weaker demand in China, triggering a slump for Asian suppliers and a wave of lower price targets on Wall Street. Photographer: Shawn Koh/Bloomberg
BEIJING/SHANGHAI: Shanghai student Xu Yechuyi wanted to buy a new iPhone last year but couldn't afford one at Apple Inc's flagship store, so she opted for a used, three-year-old iPhone 6S at less than a third of the sticker price.
The purchase made Xu, 22, one of many consumers priced out of stores and resorting to China's rapidly growing second-hand handset market, bartering via text-messaging apps and spending money on Apple products that never reaches Apple.
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