They mentioned that the Series 3 will start at $199. What about the Series 4? I hope they don't discontinue it, since this is the model I would plan to get. Bigger screen, but not the top-tier pricing of the Series 5.
I have wondered if they use the refurb store to clear out new inventory at a discount, but retaining more revenue than if they sold to a retailer. By officially discontinuing a product, they can force (most) people into buying one of the new models.
Protip: the extended warranty that comes with buying something with a credit card DOES NOT APPLY to refurb purchases. That means if you buy a refurb, or even if Apple swaps your device for a refurb when you take it in for service, you can't utilize the extended warranty.
Yeah, I was looking forward to pickup up last year's tech at a discount. Pretty lousy of them to force people to decide between super high price and 2-year-old tech (esp with the screen diff).