All they are doing is getting rid of the excess stock. The new iphones are being prepared for launch. Plus the extra sold iphones will only add to earnings profits. Apple consolidating for the huge gap up back over 500...Watch and learn kiddos
Are you sure about that? If they follow the normal launch schedule, the next iPhone won't be here for another six months. So what you are saying is they have already accumulated six months worth of inventory. That will be really bad if it is confirmed.