They would be even more foolish to keep the current level of memory, an risk another year where iPhone sales are down by ten percent or so, that would cost them a lot more. In 2015 they made around $50 billion total from iPhone sales. If that decreases by 10% because of them producing a lack lustre phone that doesn't have enough memory, then it would cost them $5 billion in lost sales.I was going to say, is this now the case? If so then yes it will happen. Last I checked there was still a margin of around $4, which in terms of iPhone revenue, could be upwards of half to 3/4 of a billion dollars per year. Apple would have been foolish to give that up.
Apple would be foolish to risk the loss of $5 billion in order to save $750,000 or so, but I do agree with you - this is exactly what they are likely to do.
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Yep, Apple is more interested in putting their money into making buildings than product development - pretty pathetic really.Personally, I don't care about Apple's profits, but I do care about the features and usability of their products - and that's the area they're behind. And that's sad, not smart.