https://www.cnet.com/news/apple-may-discontinue-iphone-x-as-2nd-gen-model-arrives/

When the newest phones get old, they often get cheaper.

It's why people sometimes wait about a year after a phone's release, for a discount on the device. That might not be the case with Apple's iPhone X, which comes with the hefty price tag of $999 (£999, AU$1,579).