Data suggests cheaper iPhone could help Apple clean up in emerging markets

Yes, a cheaper version of the iPhone could hurt Apple’s (AAPL) margins, but it could also open up several very important markets to Apple products. Asymco’s Horace Dediu looks at data showing how the iPhone’s market share in the United States has continued growing even as Android’s growth has stalled for the moment. He hypothesizes that having older iPhones available at lower prices is helping the device expand its reach to budget-conscious American consumers who don’t need to have the latest device. “My suspicion is that it has something to do with the fact that the U.S. is one of the few (but largest) markets where the iPhone is available as a ‘low end’ offering,” he says. “At a minimum



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