Apple will significantly reduce the price of the iPhone 11 after the release of the iPhone 12 to a minimum of $549
Every year after smartphone manufacturers release new phones, they will stop production of the old phones released last year and sell their inventory at a reduced price. The purpose of this is to reduce inventory pressure and recover the cost of some product manufacturing as soon as possible. As a smartphone giant, Apple is no exception.
Recently, news broke that Apple will discontinue the production of the iPhone XR and iPhone 11 Pro models after the release of the iPhone 12 series. At the same time, it will sell the iPhone 11 at a reduced price. The price of the lowest version (64GB) will be reduced to 549 dollars.
The reason why the iPhone XR will be discontinued is that the iPhone SE 2 equipped with a stronger A13 chip grabs the market of the iPhone XR because the iPhone SE 2 mobile phone is only 399 US dollars.
It is reported that the starting price of the iPhone 12 series mobile phones that support 5G networks will be US$649. Although the cost of the iPhone 12 has risen somewhat due to Qualcomm’s 5G components, Tim Cook chose not to provide consumers with in-box The charger is installed, so that although the cost of the iPhone 12 has risen due to support for 5G, it can still be set at the same starting price as the iPhone 11.
Via: wccftech