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;

https://medium.com/s/story/the-simple-psychology-behind-apples-fall-66771889da10

....so Apple dropped the price for the iPhone 11. That was a big success and Apple's share price shot up accordingly.

https://medium.com/bobs-tech/the-iphone-11-sees-apple-facing-up-to-reality-66c48ace78e7

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

https://en.wikipedia.org/wiki/Commodity

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

Thanks for reading and offering your thoughts! :-)

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