A number of Apple products got aggressive new price points at the “By Innovation Only” event. At Wired, Daphne Leprince-Ringuet wonders if it will be enough.
For a company that is famous for premium pricing, Apple’s sudden shift to more affordable devices (even if it is its older line-up) comes as a surprise. A look at its sales performance last year might explain the change of heart: in 2018, Apple’s best-selling device was the $649 iPhone XR, meaning that its entry-level device out-performed the more advanced XS and XS Max. In other words, phone buyers are unwilling to shell out the extra dosh to get their hands on Apple’s best smartphones. Last year in China, the tech giant even cut prices for some of its iPhones, iPads, Macs and AirPods by nearly six per cent – partly in response to “lower than anticipated” iPhone sales in the country… By cutting its prices on phones and watches, therefore, Apple is hoping to supplement its iOS customer base and lure in new customers who might purchase other services within its ecosystem.
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