“J.P. Morgan isn’t the only one predicting Apple will work up a $300 version of the iPhone. Gartner analyst Hugues de la Vergne says having a lower-priced follow-up to the iPhone is ‘one of the most critical things to Apple’s success,'” MarketWatch reports.
“‘The steady flow of new products will be what will determine Apple’s success, and they’ve shown they understand this concept,’ says de la Vergne,” MarketWatch reports.
Full audio report here.