A year ago, the first batch of Apple iPhone 5S phones had a whopping $7,500 price tag.
By July of this year, the average cost of the phone is $3,750.
The company has been working on the iPhone 5C for months, and it finally made it to market on October 16.
The iPhone 5 is expected to be the iPhone of the year, with sales of the new flagship phones accounting for $1.6 billion, according to research firm IDC.
But the big question of the Apple Watch’s second half is whether it will make up for the iPhone’s lack of appeal in a year.
The wearable is expected be the best-selling gadget of the last five years, according the latest numbers from IDC, and the company is making it a priority to bring in as many people to wear the wearable as possible.
The first iPhone 5s and 5s Plus sold out within days of release, but sales of new iPhones and the Apple Watches themselves were not affected.
The most recent Apple Watch is scheduled to ship in the first half of 2020.
The next Apple Watch will ship in 2020, and so on.
The company has also announced plans to build out its hardware team, with a focus on adding new hardware for developers.
The new iPhone will come with a more powerful processor, better cameras, and better battery life.