With the trade-in values reduced, everyone hoping to trade their current iPhone devices may pay more even with the trade-in.
Current iPhone owners will suffer from Apple's second reduction within six months with up to $150 less than the value people could have gotten in January 2020.
Rumors stir about the iPhone 12 model could be even more expensive than the iPhone 11 series.
People continue to feel less positive about Apple's anticipated iPhone 12 when they recall the charger and set of EarPods won't be included in the purchase of the iPhone 12.
Apple analyst Jeff Pu predicts that the iPhone 12 will be priced $50 more than the iPhone 11 series at $749. The iPhone 12 is rumored to be 5.4-inch, smaller than the iPhone 11.
With the trade-in price cut and a price increase in preparation for the official release of the iPhone 12, it begs the question about whether people will still want to buy Apple's new device.
Pu believes that despite the price adjustments, Apple customers will still pay the hefty price to get their hands on Apple's latest and greatest creation.
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The iPhone 12 has been long-anticipated as the next-gen iPhone, and now, it's here. Offering 5G connectivity, the A14 chip, new camera systems, and more, the iPhone 12 upgrades everything. With a refreshing design of the iPhone frame itself, the iPhone 12 sets up the iPhone product line for the future.
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