The iPhone X starts at $999 for the base model. It’s the most expensive smartphone that Apple has ever sold. Despite that, the company has seen steady demand for the handset ever since it was released a couple of months ago. However, if a new report is to be believed, Apple might be thinking about cutting the iPhone X price next year.
The report also claims that the iPhone X hasn’t been performing as well as Apple might have hoped in markets like Singapore and Taiwan. That’s why the company might “adjust its pricing” for the iPhone X.
It’s going to be very unusual for Apple to cut the price of its flagship smartphone merely a few months after it was released. This isn’t something that we’ve seen Apple do before and in the absence of an official confirmation, it seems unlikely that this is a road that Apple will go down on.
What a company cuts the price of a product, the intention behind that move is to stimulate demand for that product. Whether or not the market will react to the price cut in a favorable way is another matter altogether.
It’s not clear by what percentage the iPhone X price might go down in the unlikely event that Apple does decide to do this. The company hasn’t commented on this report as yet so there’s not a lot of clarity on the matter at this point in time.
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