[Reuters] Apple executive dismisses cheaper phone as a market share grab: report

Posted by: UGN Security

[Reuters] Apple executive dismisses cheaper phone as a market share grab: report - 01/10/13 03:46 PM

SAN FRANCISCO (Reuters) - Apple Inc will not resort to a cheaper iPhone to expand its market share, marketing chief Phil Schiller told a Chinese newspaper in an interview when asked about speculation the company is developing a less expensive version of its popular smartphone.