As it does every year, Apple is offering discounts of up to $140 on iPhones and other devices in China for Lunar New Year celebrations. The offer appears to be extremely quantity-limted.

Apple practically never gives discounts anywhere, preferring instead to offer gift cards, but it does now in China. Alongside special offers such as the new Year of the Horse limited edition AirPods Pro 3, Apple also offers an annual discount.

Since at least 2023, Apple has offered some amount off iPhones. For 2026, according to Apple's China website, the discount is now wide-ranging, and includes:

  • $28 off iPhone 16e
  • $41 off iPhone 16 Plus
  • $82 off iMac
  • $55 off Mac mini
  • $110 to $140 off MacBook Pro models
  • $28 to $55 off iPad models
  • $28 to $41 off Apple Watch

Apple is also offering $14 off the Apple Pencil Pro, and the same off AirPods 4. AirPods Max buyers can save $41.

There are many conditions on the offer, such as how each customer is limited to two devices per category, such as iPhone or iPad. The offer runs from January 24, 2026, to January 27, 2026.

Given that this offer is available to all users of at least Apple's online store in China, it is also startlingly constrained. Apple appears to specify (in translation) that the offer will expire when a certain number of devices is reached, specifically:

  • 850 iPhones
  • 3,840 iPads
  • 1,640 MacBook Pro
  • 5,040 Apple Watches
  • 2,890 AirPods
  • 890 Apple Pencil Pro

Curiously, neither that list of limited devices, nor Apple's list of product categories, includes Mac desktops.

It's conceivable that this is the stock available online, and that individual Apple Stores have their own. But that is not confirmed in Apple's description of the offer.

Apple does not release details of the number of iPhones it sells. But in November 2025, it was reported that one in four of all smartphones sold in China is an iPhone, so this offer is surely going to expire very quickly.