Is Apple In Serious Trouble? New iPhone Prices Slashed As Sales Slump And Stocks Tumble

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The Inquisitr - Tech

While there can be little doubt that Apple remains a market tour de force in terms of consumer technology on a global basis, cracks may be starting to show around the seams. According to reporting from Forbes, the Cupertino-based tech titan has been quietly slashing the price of their iPhone XR by approximately $100 — and as columnist Gordon Kelly writes, Apple is “giving the discounts to carriers and retailers so they can be passed on to buyers without Apple’s name behind it. Sneaky.”

Going on to elaborate that Apple’s pricing plans remain completely unchanged on their public website in an effort to save face — and perhaps stymie recent stock losses, which are significant, per CCN — this line of thinking is surely unwelcome news both for the company’s brass as well as their most ardent consumers. Apple buyers have, at least hitherto, been undyingly loyal to the consumer

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