Despite repeated official denials that it was working on a lower-cost iPhone, a lower cost iPhone is coming, perhaps as early as the summer of 2013.
Of course, in an Apple context, "low cost" is a matter of perspective. Some speculate the "low cost" device will cost less than $400 (the issue is how much less), and will be targeted at the prepaid smart phone market, and China and India, for example.
Some believe Apple could set a non-subsidized lower cost iPhone price at about $329.
Investors will worry about profit margin, but that might not be as big an issue as feared. The big issue is whether such a move would crimp Nokia's efforts in the affordable device market, Microsoft's attempt to gain more share, or Samsung's strategy for lower end devices.
Friday, March 22, 2013
"Low Cost" iPhone Coming in 2013
Gary Kim has been a digital infra analyst and journalist for more than 30 years, covering the business impact of technology, pre- and post-internet. He sees a similar evolution coming with AI. General-purpose technologies do not come along very often, but when they do, they change life, economies and industries.
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