Apple halves price of entry iPhone to $99 - Hindustan Times
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Apple halves price of entry iPhone to $99

Hindustan Times | By, San Francisco
Jun 10, 2009 02:15 AM IST

Apple Inc halved the price of its entry-level iPhone to $99 (Rs 4,950) to widen the trendy device’s mass-market appeal, as global competition heats up after Palm Inc launched the Pre.

Apple Inc halved the price of its entry-level iPhone to $99 (Rs 4,950) to widen the trendy device’s mass-market appeal, as global competition heats up after Palm Inc launched the Pre.

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To shore up its hold on the smartphone market, it unveiled a new, faster, high-end iPhone that takes videos and has voice features, matching offerings by rivals Palm and Research in Motion’s BlackBerry. Analysts said sales could double for the cheapest iPhone.

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Apple also cut prices on several of its Mac notebooks.

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