Taiwanese electronics manufacturer and Apple supplier Pegatron plans to bolster its Chinese workforce by up to 40 percent in the second half of 2013, fueling speculation that low-cost iPhone is on the horizon.
Conventional wisdom says Apple both desperately needs a cheaper iPhone model to compete with low end Android and Nokia offerings, while also holding that lower margins would destroy the company's profitability. Its history offers examples of reaching a middle ground.
The bulk of Apple's 2013 product pipeline will likely launch later than many market watchers expect, according to one insider, due to a variety of complex development challenges associated this year's anticipated iPhones and new iPad mini.
Yet another analyst has thrown their hat into the ring, joining others who have heard from sources in Apple's supply chain that the company is gearing up to debut a low-cost iPhone in the coming months..
A new iPhone design with a polycarbonate body similar to Apple's legacy entry-level MacBook may be released at a targeted price of $330, while plans for a next-gen handset with 4.5-inch display have been pushed back to 2014, according to a new report.
Morgan Stanley analyst Katy Huberty recently met with Apple Chief Financial Officer Peter Oppenheimer, and came away with the impression that Apple will likely increase cash return to shareholders, and potentially release a lower priced iPhone to maintain growth.
Rumors of a more affordable iPhone for emerging markets took an interesting turn Friday, as the major news organization Reuters opted to rescind a story originally filed, based on comments allegedly made by Apple marketing chief Phil Schiller.