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The answer's two-fold —>

Why would Apple discontinue the iPhone 12 Pro and Pro Max when they were still so much in demand?

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Apple's been doing this for a while.

It’s a clever strategy they use to keep their premium devices in demand while offering price options for lower-end models. You can’t have the flagship phones not doing well in favour of recently discounted Pro models, can you?

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That’s especially important when the 13 Pros have so few upgrades over the iPhone 12 Pros.

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Another thing probably contributing to this?

Buyer confusion. At lower prices, the 12 Pros would've competed with the lower-end models of the new 13 — and that’s not the image Apple would want people to have about their flagship phones.

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But what’s with the shortage of iPhone models in general?

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