For over the past 40 years, Apple has been known to be a company which has been coming out with some of the biggest updates and upgrades in the markets of technology, and they have been doing an exceptional business in recent times. Despite having released some of their biggest releases in the past few years, the iPhone 5s, a three year old phone, is still selling well in the markets. Apple has now been rumored to introduce an iPhone 5s price cut. The rumors surrounding this iPhone 5s price cut have been in the markets since as early as January, but nothing has happened so far.
The iPhone 5s price has been the biggest mystery of this year so far, as the company, who was expected to actually drop the price, has increased it, baffling many people who were willing to purchase it.
The company raised the iPhone 5s price by as much as 22% in some nations, and along with it, the iPhone 6 and iPhone 6s too witnessed a rise in the price. However, a week after this rise in the prices, the financial reports came out, and what really stunned the markets was that first time since 2003, the iPhone experienced a major decline in sales volumes, as they fell by 13%
Following this major decline, Apple is now under pressure to boost the sales of their devices. The company is now expected to finally introduce this much awaited iPhone 5s price cut. This is expected to take the iPhone 5s price down to record lows, and this is probably the lowest an iPhone will ever be sold at.
It has been anticipated that after the iPhone 5s price cut, the value of the device would only be somewhere around $220-$230, and this would be the ideal time to buy the iPhone 5s, if anyone is looking forward to.