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The Economic Times
The Economic Times

Apple's surprise price twist for old iPhone models exposes smartphone price pain

Apple Memory Tim Cook Deloitte India Semiconductor United States Wall Street Journal Economy Inflation

Buying last year’s iPhone has long been the cheaper way to enter into Apple’s ecosystem.

A new model would arrive, and its predecessor would slide down the price ladder. Consumers unwilling to pay for the latest camera, processor or design could simply wait for a new launch.

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