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IPhone 12 prices drop hundreds of dollars ahead of iPhone 13 announcement in China

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As the launch of the iPhone 13 lineup approaches, the price of the iPhone 12 has plummeted in China. The source says the 128GB version of the iPhone 12 is currently on sale on select platforms for RMB 4,799, or $ 744. That’s $ 310 less than the device’s suggested retail price in the country.

It is believed that after the announcement of the iPhone 13, sales of the iPhone 12 series may decrease significantly. Also, the price of last year’s smartphones in the secondary market will decrease. Decluttr predicts that a month after the iPhone 13 is released, the residual value of used iPhone 12 will decline by 12%, and in three months – by 20%. Many marketplaces are selling off inventory to make room for the iPhone 13.

Despite the fact that the iPhone 13 will have some interesting improvements, its starting price is not rumored to rise. However, due to the arrival of the version with 1 TB of flash memory, some smartphones will cost more than $ 2,000. Additionally, sources confirm that the iPhone 13 Pro and iPhone 13 Pro Max will not be available with 256GB of non-volatile storage. Buyers will be available in versions with 128 and 512 GB, as well as 1 TB of flash memory.

IPhone 13 smartphones will get smaller bangs, Apple A15 Bionic single-chip system, larger batteries in all four models of the line, improved cameras, reinforced Magsafe magnets, microphones with beamforming technology and other improvements.

The iPhone 13 line is expected to be unveiled on September 14, with pre-orders starting September 17.

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