Menu
Amazon Kindle Voyage Rethinks the Reading Experience

Amazon Kindle Voyage Rethinks the Reading Experience

Mat Franco won America's Got Talent

Mat Franco won America's Got Talent

SpaceX and Boeing build manned NASA Spaceships

SpaceX and Boeing build manned NASA Spaceships

Matt Damon is Jason Bourne Again

Matt Damon is Jason Bourne Again

iPhone 6 Reviews are Glowing

iPhone 6 Reviews are Glowing

Apple Executive Smashes Low-Cost iPhone Rumor

Jan 11 2013, 7:38am CST | by , in News | Apple

This is rare. Apple is officially talking about an Apple rumor.

Apple Executive Smashes Low-Cost iPhone Rumor
 
 

YouTube Videos Comments

Full Story

Apple Executive Smashes Low-Cost iPhone Rumor

As reported serveral outlets including the WSJ have carried a rumor that Apple will release a low-cost iPhone for emerging markets this year. Now Reuters reports that Apple Marketing Chief Phil Schiller told the Shanghai Evening News that this rumor is not true.

Schiller argues that Apple has just 20% of the smartphone market, but makes 75% of the profit. He said that expanding market share with a low-cost iPhone is not Apple's plan.

So there you have it. No cheap iPhone is coming for emerging market. I did not think so anyway. Apple will though release a new iPhone that will be different from the iPhone 5. Apple needs to somehow tackle Samsung's large screen hot-selling Galaxy S III phones.

 

You Might Also Like

Updates


Sponsored Update

Update: 2

Apple Phil Schiller Interview with Chinese Newspaper got Revised Dramatically

It was too good to be true. As said Apple is rarely reacting to rumors. They would not get any work done if they did. Reuters reports now that the chinese article got revised quite a bit and is now much more generic and is not referencing a low-cost smartphone anymore directly.

 
Jan 11 2013, 1:54pm CST

Advertisement


More From the Web

Shopping Deals

 
 
 

<a href="/latest_stories/all/all/2" rel="author">Luigi Lugmayr</a>
Luigi Lugmayr (Google) is the founding chief Editor of I4U News and brings over 15 years experience in the technology field to the ever evolving and exciting world of gadgets. He started I4U News back in 2000 and evolved it into vibrant technology magazine.
Luigi can be contacted directly at ml@i4u.com.

 

 

Comments

blog comments powered by Disqus

Latest stories

Alexis Bledel Meets with &quot;Sisterhood&quot; Cast Mates
Alexis Bledel Meets with "Sisterhood" Cast Mates
Alexis Bledel Hangs Out with Former Cast Mates
 
 
Scotland Independence Vote Results Due Friday Morning
Scotland Independence Vote Results Due Friday Morning
Scotland is voting today in a referendum on Scotland's independence. The result will not be known until early morning Friday.
 
 
Amazon&#039;s New Kindle Now Finally Features a Touch Interface
Amazon's New Kindle Now Finally Features a Touch Interface
The new Kindle e-reader is now faster. Even better, you can now use your gentle hands to flip through the pages of your favorite novel.
 
 
The Avengers: Age of Ultron TV Rights sold
The Avengers: Age of Ultron TV Rights sold to TNT
TNT network signs a big deal with Marvel Studios that includes the commercial TV rights of The Avengers: Age of Ultron and four more superhero movies. The Avengers is likely to be a crowd favorite.
 
 
 

About the Geek Mind

The “geek mind” is concerned with more than just the latest iPhone rumors, or which company will win the gaming console wars. I4U is concerned with more than just the latest photo shoot or other celebrity gossip.

The “geek mind” is concerned with life, in all its different forms and facets. The geek mind wants to know about societal and financial issues, both abroad and at home. If a Fortune 500 decides to raise their minimum wage, or any high priority news, the geek mind wants to know. The geek mind wants to know the top teams in the National Football League, or who’s likely to win the NBA Finals this coming year. The geek mind wants to know who the hottest new models are, or whether the newest blockbuster movie is worth seeing. The geek mind wants to know. The geek mind wants—needs—knowledge.

Read more about The Geek Mind.