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I'm surprised you mentioned iPhones, because that's exactly Apple's strategy. They tend to keep three generations around, and each time they introduce a new iPh
by Zanni 5y ago
I'm surprised you mentioned iPhones, because that's exactly Apple's strategy. They tend to keep three generations around, and each time they introduce a new iPhone, they knock down the price of the previous generations. Here's [0] an article on them reducing the price of the iPhone 8 by $150 (from $559, so a significant cut of 25%) when they introduced the iPhone 11.
[0] https://venturebeat.com/2019/09/10/apple-cuts-iphone-8-and-iphone-xr-prices-by-150-kills-iphone-7-and-iphone-xs/ https://venturebeat.com/2019/09/10/apple-cuts-iphone-8-and-i...