Analysts: iPhone 11 pricing shows Apple is learning from past mistakes

Apple’s new A13-Bionic-powered iPhone 11 starts at $699
Apple yesterday announced its newest, basic model, the iPhone 11, will be priced at $699 rather than $749.
Jessica Bursztynsky for CNBC:Two Wall Street analysts told CNBC on Wednesday that Apple’s batch of iPhones is a turnaround from its past mistakes.
“Apple has shown an ability to be tactical and understand the market dynamics,” said Wamsi Mohan, senior equity research analyst at Bank of America Merrill Lynch, on