When Apple releases a new iPhone model, customers often line up for hours just to be one of the first to own the phone, since the initial shipments often sell out quickly. What pricing strategy does A

When Apple releases a new iPhone model, customers often line up for hours just to be one of the first to own the phone, since the initial shipments often sell out quickly. What pricing strategy does Apple likely use for its iPhones?

penetration pricing

skimming pricing

loss leader pricing

life cycle pricing