Apple is cutting its iPhone XR prices in Asia.

https://www.cnbc.com/2018/11/23/iphone-xr-discount-japan-report.html

After the reported poor iPhone sales, Apple has decided to cut its XR prices in Asia to boost its sales.

We've reported previously that Apple couldn't continue to sell at high prices because of the elastic demand.

http://sg-stock.blogspot.com/2018/11/apple-has-cut-production-orders-by-13.html

Apple financial statement won't look good if the volume and price drop simultaneously.