Apple to lower iPhone prices in markets with unstable currencies

Apple announced earlier today that iPhone revenue declined 15% YoY (year-over-year) to nearly $52 billion, which is one of the main reasons ...

Apple announced earlier today that iPhone revenue declined 15% YoY (year-over-year) to nearly $52 billion, which is one of the main reasons has decided to mingle with the iPhone's pricing scheme outside of the United States.

In a recent interview with Reuters, Tim Cook said that China's economic weakness hurt iPhone sales in the country, so it makes sense to try and make the product a bit more affordable to increase sales. The strategy is to be applied in other countries too, not just in China, Cook said, but no actual names have been mentioned yet.

However, Apple's CEO said in markets ...

from PhoneArena http://bit.ly/2Ru1IZq