Apple announces price reduction for iPhones, including Malaysia?

As Tim Cook has recognized the selling price is the main factor of iPhone poor sales, Apple will be reducing iPhone price in coming time. These iPhones could include iPhone XR, XSor XS Max although Tim didn’t specify which models to reduce.

Tim Cook claims that the US retail price for iPhone isn’t high but it’s pricier in other countries due to currency exchange. With the reduction of iPhone retail price, we would expect Apple Malaysia to reduces local retail prices for iPhone too!