According to news from Reuters, it seems that Apple team ambition to keep on dominating the market of supplying end users nice looking and handful device known as iPhone 4 is at road block as manufacturer from Asian (different from Apple) has begun the production of a cheaper version of the device for people to have easy access to the phone. And in wake of this, Apple too has promised to introduce a cheaper version of its mobile device soon (around October this year).
Apple’s products are known to be too costlier and that may be the reason why many people from Asian countries (mostly manufacturers and suppliers) are now starting to enter into the market of offering people cheaper option which we know when finally out can cause Apple to loose the emerging market to producers that are offering cheaper prizes.
To make the case easier, it was believed that a Korean is preparing to start providing Apple with the 8GB flash drives for a cheaper prize because the company still want to remain relevant in the market.
“Apple may want to push into the emerging market segment where customers want to switch to low- to mid-end smartphones from high-end feature phones, which usually cost $150-200,” said Yuanta Securities analyst Bonnie Chang.”But I think for an 8GB iPhone 4 the price is hard to go below $200, so Apple will still need a completely new phone with low specifications for the emerging markets.”
Apple is on the decline as far as I see it, recently the company’s CEO, Tim Cook announced his intentions about lower rate iPhones that would go for around $150. However, one of the company’s spokesman rejected the news saying it was a rumor.
What does this mean?
Very soon, we can now purchase cheaper rate iPhone for around $150 without breaking bank to get it again 🙂