DISQUS

Emad Ibrahim: Reason for Reducing the iPhone Price

  • J David · 2 years ago
    I think that iPhone users should be very angry and worried. It seems to me that everyone who wanted the iPhone, now has one. Can Apple sell more? Well, it seems obvious that they weren't, so a price drop was necessary.

    The worrisome part is that this may be an exit strategy to get rid of inventory. I always said that the cell phone industry is fast paced, with every company releasing new models every other week. So Apple's 1 phone might not cut it in this type of market. Will the iPhone go the way of the Newton?... We will see.