“Of these, the biggest price reduction amounts to around $66 off the price off the iPhone XR,” Dormehl reports. “Other iPhones are receiving price cuts of around $59.”
“Whether the price cut will have a noticeable effect on its fortunes in China remains to be seen,” Dormehl reports. ” While a $66 reduction is pretty notable in a country where the average phone sells for a couple hundred bucks, the iPhone is still out of reach for many, many customers.”
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MacDailyNews Take: Apple isn’t trying to sell iPhones to everyone. They only participate in the premium smartphone market, which they have long dominated and continue to dominate.