Authoritative analysts of Wedbush predicts significant reduction of prices on iPhone in 2019. According to experts, Apple will not only reduce the cost of the current iPhone models, but will release a new iPhone at reduced prices. Experts believe that the only way the company will be able to get out of this crisis.
At Wedbush, said that Apple faced a really serious problem, especially in China. The fierce competition with Huawei and Xiaomi, as well as too high prices of the current model of the iPhone threaten the success of Apple, the largest smartphone market in the world. And Tim cook and other Apple executives have repeatedly stated that China is the key market for the company, so it should be expected decisive action.
According to analysts, Apple will want to preserve its user base in China. The company will be able to do this only by reducing prices. In this regard, experts believe that in 2019 we should expect further price reductions on the iPhone, including the new models the iPhone 11, iPhone 11 Max and iPhone XR 2019. At the same time, Apple will reduce prices of its smartphones in all the other regions, so the difference in price in different countries was minimal.
Earlier, analysts from Counterpoint Research has said that now is the perfect to start iPhone SE 2 from Apple.