Let's assume there was a speculated range. In a world with COVID-19 demand pressure and the speculated range is reasonably accurate, Apple is more likely to target the low end of that range than it would in a "normal" world.

I think people don't like the sarcastic nature of my earlier comment but that doesn't mean the underlying notion is wrong.

I find it hard to believe that Apple ignored reality and just priced the phone however it felt like doing prior to a major shift in their consumer base's economic habits.