Don’t buy iPhone 11 and SE2 now – Apple will soon cut prices

iPhone SE

It is pretty normal for smartphone vendors to cut prices of flagship series just before the arrival of a new flagship series.  This is particularly true for many Chinese manufacturers but not for Apple. Nevertheless, with the initial slow sales of the iPhone 11 series, Apple massively cut prices to boost its sales. Now, there are reports that before the arrival of the iPhone 12 series, the iPhone 11 and iPhone SE2 will cut prices. With this speculation, you may want to hold on a bit if you plan to purchase any of these phones.

iPhone 11

JPMorgan Chase cited a survey by Wave7 Research as saying that overall iPhone sales are “slowing down significantly,” especially sales of iPhone 11 and iPhone SE2.

The analysts said that although sales of the iPhone SE by some operators seem to be good, in recent months, the sales momentum of the low-end iPhone has indeed eased. JPMorgan Chase pointed out that due to the re-emergence of the coronavirus, only 58% of US Apple retail stores are currently open, compared with 80% at the end of June.

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The survey also pointed out that many users who plan to buy the iPhone are taking a pause. These people are holding money and waiting for the new phone. In other words, they want to see what the iPhone 12 is like and then decide whether to continue buying the old model.

Of course, after the iPhone 12 comes out, we expect that the price of old models such as the iPhone 11 will reduce. The drop in price will be quite significant thus you may want to wait a few weeks.

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Rumors say that Apple will release four iPhone 12s this year. This includes the “budget” 5.4-inch iPhone 12, 6.1-inch iPhone 12 Plus, 6.1-inch iPhone 12 Pro, and 6.8-inch iPhone 12 Pro Max. There are also reports that all four models will use OLED displays and support 5G. These will be the first set of 5G smartphones from Apple. The low-end models will use dual rear cameras and 4GB RAM, while the Pro models should come with a triple rear camera setup. The Pro models will also come with 6GB of RAM and a 120Hz ProMotion display.

There are also reports that the iPhone 12 series may have a 4G version. According to the report, this smartphone has a 5.4-inch and a 6.1-inch LCD model. They both support the 4G LTE network, A14 Bionic chip, built-in 4GB RAM, and a dual 12MP camera. There are reports that this series will use a LiDAR sensor as well as a 7P lense. In terms of price, while the 5.4 inches cost $549, the 6.1 inches will sell for $649. The $549 starting price seems to be a good deal considering that last year’s iPhone 11 has a $699 starting price. This means that the iPhone 12 4G is about $150 cheaper than its predecessor. We will have to wait a few more weeks for the official announcement of these devices.

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