Apple COO Tim Cook drops hints at cheaper iPhone for emerging markets. Really it’s a good news for the people those are waiting for cheaper iPhone. According to Business Insider, Tim Cook the Chief Operating Officer of Apple hinted at a new, less expensive iPhone on the horizon during an interview with Toni Sacconaghi, the Bernstein analyst. According to Tim Cook, In order to attack the prepaid market Apple is doing “clever things”. He does not want Apple to be just for the rich people. He wants Apple to be for everyone.
The words of Tim Cook indicates that soon Apple is going to release a new, and cheaper iPhone which coincide in with reports that Apple will release iPhone nano. Tim Cook also says about the recent launch of Apple in China which is a classic prepaid market. Well, Currently you can purchase iPhone 3GS from AT&T at a price of $50 USD. We are hopping Apple will release a less expensive iPhone so that everyone will be able to use iPhone. [Via]