> It’s been over a decade since the iPhone was launched. Its cost hasn’t come down. The price was lowered by $200 shortly after release, causing outrage amongs

> It’s been over a decade since the iPhone was launched. Its cost hasn’t come down. The price was lowered by $200 shortly after release, causing outrage amongst the earliest buyers. Compensatory credits were issued to affected customers. Later, Apple began selling previous models as a more affordable line rather than eliminating them each cycle. The newest models retain their price point, but devices from the previous year receive a price cut. They haven’t started making low cost commodity devices at the bottom of the market, but Apple typically doesn’t compete in that area.