Wednesday, January 16, 2013

Apple: Cheaper Phone, Cheaper Shares?

Seeking Alpha carries the latest Jaded Consumer article on Apple and whether cheaper phones mean cheaper shares.  Upshot: media reports that Apple won't lower prices to take share miss the point that Apple will attack more price points to take more profit.  Good links on Apple's current success and the erroneous claims in so many headlines that have hammered shares.

Enjoy.

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