Budget ‘iPhone X’ Expected To Cost About Half The Price Of 2017’s US$999 Version

Image via Framesira / Shutterstock.com

Apple product leakers are pretty confident about this year’s iPhone lineup. To refresh your memory, reports have corroborated that the company will release an ‘iPhone SE 2’ and three new models resembling iPhone X. Among the three, there’ll be a budget 6.1-inch device with an LCD display.

Now, renowned analyst Ming-Chi Kuo from KGI Securities, who has a remarkable track record of predicting upcoming Apple products, has released another investor’s note citing that the 6.1-inch version is expected to arrive in two versions, with one being priced as low as US$550.

According to Kuo, a dual-SIM model of the 6.1-inch phone will purportedly be priced between US$650 and US$750, whereas a single-SIM version might cost between US$550 and US$650.

“6.1-inch LCD iPhone may have model that supports [dual-SIM dual standby] (DSDS),” he wrote. “If the 6.1-inch LCD iPhone comes with DSDS and single-SIM models, we believe it will result in two benefits.”

“[The first would be that] more price segments would be created, significantly boosting shipments via the low-price single-SIM model. For instance, if the DSDS model sells for US$650-750, the single-SIM model may sell for US$550-650… [Secondly,] the DSDS model will help increase market share in China and commercial markets.”

Analysts have expressed concerns that Apple might be caught in a situation because it priced the 2017 iPhone X too ambitiously at US$999, deterring users from making the switch. Maintaining the price tag could diminish the demand in its future products, but lowering it will potentially hurt perceptions of their quality.

A recent report by Business Insider deduces that Apple can its premium price points—and perhaps even raise them—if it introduces budget-tier devices to its next lineup, therefore making iPhones accessible to all. Kuo’s prediction of a much cheaper ‘iPhone X’ remake would therefore support this theory.

[via MacRumors, cover image via Framesira / Shutterstock.com]

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