“Analyst Gene Munster with Piper Jaffray expects Apple will likely reduce the price of an existing iPhone to about $200 by September of next year, down considerably from the $375 unsubsidized price at which the company currently sells the 8-gigabyte iPhone 3GS,” Hughes reports. “Such a move would be ‘important’ for the company, he said, as Apple’s smartphone market share is currently weakest in emerging markets where the company competes with less expensive Android-based handsets.”
Hughes reports, “Aided by the launch of a cheaper contract-free handset, Munster sees Apple’s global smartphone share growing from about 20 percent in calendar year 2012 to 32 percent in 2015.”
Read more in the full article here.
[Thanks to MacDailyNews Reader “Dan K.” for the heads up.]