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The chip shortage and accompanying price increases across the market have put financial strain on both manufacturers and consumers. Meanwhile, the pace of development of pricier processors and the even more expensive devices they power hasn’t slowed. But according to one industry insider, we may just find a savior from that unaffordable future thanks to…

Apple just announced the $1,199 iPhone 18 Pro and the $1,999 foldable iPhone Duo. If you were hoping to soften those prices by trading in your current phone, however, Apple may have some bad news for you.