In an unusual move, Apple discontinued three landmark iPhones
Shares
NEW YORK - In an unusual move, Apple has officially discontinued the iPhone X, iPhone 6S, and iPhone SE following the launch of three new iPhone’s recently.
It’s quite unusual for Apple to get rid of three previous models at the same time. Usually, the company announces a price decrease or other discounts for its earlier phones when a new iPhone comes out. So this time, last year’s iPhone X, along with some early models including iPhone 6S and iPhone SE, have been discontinued altogether. ------------------------------
iPhone X’s sales struggled in the beginning, but soon got back up after Apple reduced its price this year. However, it seems like the company’s profits took a substantial hit as it sold its flagship phone for a lower price while incurring high production costs.
