Will the Price of the iPhone XS Drop When the New iPhone Launches in September?
Apple has always been known for its devotion to the latest and greatest technology, but does this mean that previous model prices will drop significantly when a new iPhone is released? With the next iPhone set to launch in September, many are wondering what impact this will have on the prices of current models like the iPhone XS.
Historical Price Trends
Historically, when new iPhone models are released, the prices of older models are often reduced. For example, the iPhone X disappeared from Apple's website the moment the iPhone XS was launched, and the iPhone XS itself vanished when the iPhone 11 Pro became available. This pattern suggests that the prices of older models will indeed drop when a new one is released.
One popular online retailer, Amazon, carries an 'unlocked renewed' version of the iPhone XS for a significantly lower price than the new model. For instance, the Apple iPhone XS 64GB Space Gray - Fully Unlocked Renewed can be found at a much more affordable rate.
Potential Impact on Market Prices
Whether Apple will reduce the cost of the iPhone XS at the time of the new model's launch is unpredictable. If the new iPhone offers significant improvements or new features, it is likely to sell quickly, leaving older models to drop in price. However, if the improvements are minor, the older models may retain their value.
Apple is known for its unique pricing and strategy, and predicting their decisions can be challenging. The company constantly evolves its product line and price strategy to maintain its premium image. Thus, we need to see what Apple decides to do with the iPhone XS.
Seasonal Factors and Bargain Hunting
If you are interested in obtaining a used iPhone, September is typically the best time to do so. Between August and the new launch, many consumers get their hands on the latest iPhone, leading to a surge in demand. As a result, older models become much more affordable, making it a great time to negotiate a better price.
For even more substantial savings, wait a few months post-launch. Showrooms and online retailers often offer significant discounts on existing iPhone models two or three months after the new launch.
Apple’s Strategy and Future Outlook
Apple is moving away from being solely reliant on iPhone sales. The company is increasingly focusing on cloud services, hardware, and software integration. Due to this shift, it is less likely that Apple will significantly reduce the price of older models.
There is a possibility that the iPhone XS might be discontinued, with its place taken by a newer model, such as the iPhone 11. Additionally, the 2nd-tier device might be the revamped iPhone XR, and the budget option could be the refreshed iPhone 8.
The decision to discontinue older devices is dependent on whether Apple deems the differences between the new and old models significant enough to justify continuing the older model. If the new iPhone offers only minor improvements, it is more likely that Apple will discontinue the older model to make room for the latest, more advanced product.
Ultimately, the launch of a new iPhone will undoubtedly impact the market for older models. As with previous years, prices are likely to drop around the time of the new model's release. However, the exact timing and extent of these price drops are unclear and will depend on a range of factors, including Apple’s market strategy and consumer behavior.
Stay informed and be ready to take advantage of the best deals when the time comes.