No it would not be foolish, but it might not be the right time just yet.

The iPad was introduced at an astoundingly low price and was a big success.

The iPhone X and XS were too expensive; Apple dropped the price for the iPhone 11. That was a big success and Apple's share price shot up accordingly.

Lowering prices would not make Apple's products commodities, as no-one else is able to offer what Apple offers.

But yes, Apple is likely to increase manufacturing capacity before it lowers prices further.

Thanks for reading and offering your thoughts! :-)

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store