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View Full Version : Apple opts for profit over market share with not-so-cheap iPhone



Wireless News
09-11-2013, 07:40 AM
http://l2.yimg.com/bt/api/res/1.2/kloY6QmgWnu2eRrrQ5Hivg--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/Reuters/2013-09-11T053340Z_1_CBRE98A0FG700_RTROPTP_2_CBUSINESS-US-APPLE-IPHONE.JPG (http://news.yahoo.com/apples-two-iphones-target-high-low-end-markets-001321835--finance.html)(Reuters) - The higher-than-expected price of Apple Inc's new cheaper iPhone eased worries about gross margins, while arousing concerns the company was not being aggressive enough in its fight against Google Inc's market-dominating Android operating system. Apple's shares were down about 3 percent at $480.50 before the market opened on Wednesday, a day after it unveiled the 5S, a high-end iPhone with a fingerprint scanner as well as a cheaper 5C model targeted at emerging markets. "... ...



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