Question: When Josh bought his new iPhone upon its release, the phone cost $ 9 9 9 . Since he has high company loyalty and loves

When Josh bought his new iPhone upon its release, the phone cost $999. Since he has high company loyalty and
loves technological innovation, he bought the phone immediately even though he knew within a couple of years, the
phone would be significantly less expensive. This is an example of what type of pricing strategy for Apple?
When Josh bought his new iPhone upon its release, the phone

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