360° Coverage Apple Executive Smashes Low-Cost iPhone Rumor
Apple Executive Smashes Low-Cost iPhone Rumor
This is rare. Apple is officially talking about an Apple rumor.
Jan 11 2013, 7:38am CST | by Luigi Lugmayr
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...
Drop to Full Story below YouTube Videos
Updates to this story
Sponsored Update
Advertisement
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.
Quote:
"We can't wait to get new versions of iOS and OS X into their hands at WWDC."
Source: Fierce Mobile Content
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.
where to buy
Don't miss ...
Luigi Lugmayr
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.
blog comments powered by Disqus
Latest stories
After failure in matters of goal accomplishment, the Digital Media Initiative was stopped by the BBC. Ending this technology project was a tough decision yet it was necessary for the long term survival and progress of the BBC.
Charlie Sheen goes back to his roots for new Machete Kills movie. Meet Carlos Estevez.
The Nook you can read in the dark is $40 off today only
It is one of the oldest rivalries of automotive history, Ferrari against Lamborghini. Auto Balla takes a closer look at the history of this epic sports car battle.
More From the Web
Viral Stories
- Visit our Homepage for the Latest Rumors, News and Shopping Tips
Viral Videos and Photos
The Hottest Cheerleaders of 2013
Victoria's Secret Fashion Show 2012
