In reply to <a href="https://macdailynews.com/2020/04/23/apple-earnings-the-worst-is-yet-to-come-analyst/#comment-2190617">iSmile</a>.
Releasing the lowered price, but well spec’d iPhone and the cheaper 23” iMac, is very savvy of Appleat this time of the V and $$ downturn. It’s a small hedge against drained revenues on higher priced items, but it’s a solid way to bring 1st-timers to the ecosystem.
Related to the latest iPhone release, it’s not so cheap in India, where it initially seemed to be a good fit. The rupee is getting whacked vs the dollar and their cost is approx $550.