Apple has been among some of the biggest names when it comes to the world of technology. The company has been around the markets of technology for the past 40 years, and has been coming out with several updates and upgrades which have changed our very perspective of the markets of technology. The company has now been working on an innovative pricing strategy, which might soon result in an iPhone 5s price cut.
An iPhone 5s price cut has been anticipated for quite a long while now, and the rumors have been around in the markets since as early as January of 2016. However, the wait continues, and the markets remain to be optimistic.
Apple actually tricked the markets with this one, as the company ended up hiking the price of the iPhone 5s by as much as 22% in some nations. However this hike came before the financial reports were released. The reports showed that the iPhone sales fell by 13% in the last quarter, which is Apple’s biggest quarterly loss of the past 13 years.
The quickest way to get the numbers back up is by introducing a price drop, and this does hint towards an iPhone 5s price cut indeed happening. It is likely to happen later in this quarter, and it will take down the iPhone 5s price down to incredible lows, as less as $230.
This price cut is bound to happen now, considering the drop in the sales. Apple, with this iPhone 5s price cut has a lot to gain, as not only would they be able to get their numbers back up, but also would be able to tap into markets of economies where the affordability is low yet the aspirations remain high, such as the south east Asian nations.
An iPhone 5s price cut is no longer a question of if, but when.