I want to purchase these headphones on Amazon and in the title of the item it says "(Discontinued by Manufacturer)" yet the item is still on sale. Does that mean that Amazon is still selling the item or it is not being sold any more?

It means that the manufacturer has stopped making the product. Stores have that item still in stock for sale because they do not throw stock away just because the manufacturer isn't making any more.

You would be getting an older design no longer being made, which matters to some people who have to get the latest stuff.

You can look at it as an inventory clearance sale price.

They are for sale, but new ones are no longer being made.

it means that they have stopped making it .

Hope this helped