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Apple resorts to promo deals, trade-ins to boost declining iPhone sales

Apple is working on several new products and services, including an augmented-reality headset, driverless car technology, and digital offerings like original video

Apple iPhone
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A customer compares the size of the new iPhone XS and iPhone XS Max at the Apple Store in Singapore September 21, 2018. Photo: Reuters

Bloomberg
Apple Inc is experimenting with iPhone marketing strategies it rarely uses -- such as discount promotions via generous device buyback terms -- to help goose sales of its flagship product.

Company executives moved some marketing staff from other projects to work on bolstering sales of the latest handsets in October, about a month after the iPhone XS went on sale and in the days around the launch of the iPhone XR, according to a person familiar with the situation. This person described it as a "fire drill," and a possible admission that the devices may have been selling below some expectations.

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