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Apple COO Alludes at Rumored Cheap iPhone

- 3/1/2011 2:26

Toni Sacconaghi, an analyst from Bernstein Research Company said that Apple is currently looking forward to grow its market share coverage by opting to consider lowering the cost of its line of products. According to Toni, Apple COO Tim Cook told him via a meeting that Apple isn’t really interested in offering its products exclusively to the rich, as if to counteract reports that Android phones appealed more to the majority on the status quo. It appears that Apple is also looking forward to bring it down by launching a less expensive iPhone in the near future. So the rumors of a cheaper iPhone are true after all. Tim Cook apparently also said that his company is planning to do some clever things in the prepaid market. Hmmm. We are pretty excited about what’s to come over from Apple town. Source

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