Next year, Apple (NASDAQ: AAPL) is expected to launch three new iPhones. The lowest-cost model appears to be a phone with a 6-inch liquid crystal display, the mid-priced model should be a direct successor to this year's iPhone X with a 5.85-inch display, and the highest-priced iPhone should be a larger version of the mid-priced phone, sporting a 6.46-inch display.Let's consider how Apple might price these new iPhones, and why such a pricing structure would make a lot of sense for Apple's business.Image source: Apple.Continue reading