October 27th, 2008
The $99 iPhone
Needham Research’s Charlie Wolf thinks that Apple could drop the price of an 8GB iPhone to $99 and crush the competition. Except for “niche” smartphone manufacturers, like RIM, that is.
Any such price drops would be potentially devastating to competitors in the market, according to Wolf. The analyst believes that a $100 cut in the iPhone 3G’s advertised price could “double or triple” projected sales and quickly overtake most other smartphones on the market…
Jason D. O'Grady is the editor of PowerPage.org, which has been publishing daily mobile technology news since December 1995. For disclosures on Jason's industry affiliations, click here or to view Jason's full profile click here.
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