it did but not massive price reduction.. but officially i saw sony centre only display Pro-I and 5 III.. not sure there is any stock exist for Xperia 1 III.. but earlier should be 5799 RRP and the price i saw is 5299.. not massive to me.. ProI officially is 6699 now..

pick the one which within your budget.. only pick the one you like whenever you are able to afford it..

SD card slot still is an advantage for myself.. 3.5mm jack is an optional.. but mostly im using their wireless headset or earbuds.. but for those who have great pair of wired headphone, yes.. it is super plus point for them..

i think myself prefer xperia over others due to UI and the only display without punch hole & most importantly weight less than 200g.. as long as they maintain no punch hole, 21:9 ratio, and weight below 200g, im going to support them.. seriously more than 200g phone is too much for me especially after add a case (15~20g)?!

but everyone have own preference, some friend and colleagues used to iOS system, so they stayed with it.. android ahve different UI is fine (could change the home app for your own preference).. the rest more on camera implementation system.. display, sounds.. some camera zoom lens are frustrating whenever condition a little dark, they are switching between main (digital zoom) & telephoto lens (optical)..
display like i said, personal preference..

hopefully sony continue to stay and dont be like LG.. mainstream left apple, samsung, xiaomi, oppo, vivo.. the rests consider dan lain-lain already..

More like green telco do not want to support S##Y devices as they are not included in their contract plans lineup...

Also got 5G