It is an ongoing trend to lower the price of a smartphone just before the arrival of its successor. This is done to clear the stocks of the existing products in order to bring new devices to the market. Similarly, Apple every year slashes the prices of its current-gen iPhones days before the arrival of its next iteration. This year, Apple has lowered the price of its iPhone 12 in greet of its successor Apple iPhone 13.

Reportedly, Apple has slashed the price of its iPhone 12 in China. Earlier, the Apple iPhone 12 128GB variant was retailing for CNY 6,799(~$1,054) in the region. Now, the phone has received a huge price cut of CNY 2,000(~$310), making its current retail price – CNY 4799(~$744). This is a big price cut and a great opportunity for those who were willing to purchase the iPhone 12.

Apple iPhone 12 All Colors Featured

Apart from this, the upcoming iPhone 13 is touted to come at a similar launch price as the iPhone 12. However, the phone will introduce a higher 1TB storage option rumored to be priced way over $2,000.

This year, Apple will launch four iPhone models – the iPhone 13, iPhone 13 Mini, iPhone 13 Pro, and iPhone 13 Pro Max. The phones will feature a 6.1-inch display, a 5.1-inch panel, again a 6.1-inch display, and lastly a 6.7-inch screen respectively. The series is expected to come powered by Apple’s A15 chipset and will have 4GB RAM in the vanilla and Mini models and 6GB RAM in the Pro models.

Apple is yet to reveal the exact launch date of the iPhone 13 series but rumors have it that the phones may launch on September 14 globally and will go on pre-orders from September 17.

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