Technological News Portal

Apple COO Tim Cook Hints at Cheaper iPhone for Emerging Markets

According to Business Insider, Tim Cook, Apple’s Chief Operating Officer, indicated at a new, cheaper iPhone on the horizon. Tim has shared this new idea with Toni Sacconaghi, Bernstein analyst, during an interview.

During the interview, Cook said that Apple isn’t ‘ceding any market’ and that he doesn’t want Apple to be a brand ‘just for the rich’.

Business Insider believes Cook’s words point to a new, cheaper iPhone in the company’s future that would coincide in with reports that a new iPhone nano could be on the cards.

In the past, Apple’s budget option has been the outgoing iPhone models – the iPhone 3GS is currently available for less than $50 from AT&T.

Thanks

You might also like
Why Not Join 250,000+ Readers, Like You!
AND GET OUR LATEST CONTENT IN YOUR INBOX

SUBSCRIBE 
Your information will never be shared
close-link