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Monday, February 28, 2011

Apple Replacement for Steve Jobs: We Don't Want To Be For "Just The Rich"

Apple Replacement for Steve Jobs: We Don't Want To Be For "Just The Rich"

"Apple COO Tim Cook strongly suggested we will see a cheaper iPhone in the near future in an interview with Bernstein analyst Toni Sacconaghi.
Cook says Apple is doing "clever things" to attack the prepaid market, because he doesn't want Apple to be "for everyone," not "just for the rich." Cook also recognizes "price is big factor in the prepaid market," but Apple is not "ceding any market."
He also says Apple has been driving into China which is "a classic prepaid market."

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