Advertisement

HindustanTimes Wed,22 Oct 2014

'Apple to release updated phone this summer'

AP  New York, April 03, 2013
First Published: 07:43 IST(3/4/2013) | Last Updated: 13:18 IST(4/4/2013)

The Wall Street Journal says Apple is set for a possible summer launch of the next iPhone, rather than a fall launch like the last two models.

Advertisement

Apple is also working on a cheaper iPhone model that could win it some market share in developing countries, the paper says. It cited unnamed people "familiar with the device's production."

The report is in line with the expectations of company watchers and Wall Street analysts. The iPhone 5 costs around $600, and while Apple maintains older iPhones in production, even those aren't cheap enough to compete effectively against low-end smartphones running Google Inc.'s Android software.

Apple doesn't comment on future products before its launch events.


Advertisement
more from Business

Gold is glittering this Dhanteras

Gold is glittering this Dhanteras as jewellers are experiencing good sales driven by better prices compared to last year. Last year, there was a supply crunch of gold in the market after the government hiked its import duty to 15% to curb higher import as that was causing imbalance in the current account deficit in the country.
markets
Advertisement
Most Popular
Advertisement
Advertisement
Copyright © 2014 HT Media Limited. All Rights Reserved