99$ iPhones??
Monday, October 27, 2008 21:57
Today Charlie Wolf, a financial analyst said that Apple could bring down the price of the iPhone to just 99$, why you might wonder, well because they can!! According to Wolf the iPhone “real” price is 666$, AT&T is subsiding 450$, besides Apple has a 50% gross margin for each iPhone, so Apple could bring down the price to 99$ with ” a comfortable 42.3% margin” .
He also said that this fact could triple or even cuadruple the 3G iPhones sales, but of course Apple would get less revenue for them, and they are doing pretty good right now, they are the third mobile phones seller with more revenue, and guess what, they only have one product out there, if you want to read more click the link at the end.
Source: Gizmodo
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