“In a note to investors Thursday, Gene Munster, an analyst at Piper Jaffray, said Apple may begin lowering the price of the iPhone 5C, the iPhone 4S and the discontinued iPhone 4 in markets such as China,” Ian Sherr reports for The Wall Street Journal.
“He said he believes this will happen in part because both of those devices appear to be in full supply. By comparison, he says, demand for the iPhone 5S continues to outstrip supply,” Sherr reports. “‘We believe the testing of other price points could start in the December quarter, but may be more likely in the March quarter when the phones are no longer ‘brand new,’’ he wrote.”
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