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I can see it happening if they're going to release another 5.8 inch OLED model. Continuing to sell the 10 would be pointless at that point, especially if the newer model is going to be cheaper than the current or the same price as the reduced price of the 10.
 
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I heard the iPhone X is being discontinued.

Fake news? Of course it will be discontinued when the 11 debuts in September. That said, Apple has continued production of some recent models when the new models debut.
 
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