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[BUSINESS] · 2 sources

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Major retailers announce significant discounts on consumer electronics

Major consumer electronics retailers are implementing significant price reductions across various product categories. In specific regional markets, the base 128GB Apple iPhone 15 is being offered for under Rs 59,999. Unlike traditional promotions, these price cuts are being applied without standard financing conditions, trade-in requirements, or mandatory service plans, signaling an industry effort to accelerate inventory turnover.

Simultaneously, large-scale retailers including Amazon, Walmart, and Best Buy are offering discounts of up to 60% on high-end gadgets, smart home devices, and displays. These sales include notable price drops on Apple AirTags, Garmin fitness trackers, Ring doorbells, and Beats speakers. These promotional activities arrive ahead of the traditional Black Friday period and coincide with broader market pressures related to component supply costs.

Entities

Amazon · Apple · Best Buy · Walmart