Dear Valued Visitor,

We have noticed that you are using an ad blocker software.

Although advertisements on the web pages may degrade your experience, our business certainly depends on them and we can only keep providing you high-quality research based articles as long as we can display ads on our pages.

To view this article, you can disable your ad blocker and refresh this page or simply login.

We only allow registered users to use ad blockers. You can sign up for free by clicking here or you can login if you are already a member.

Phil Schiller iPhone: Apple’s Phil Schiller Says No Way to Cheap iPhone

Page 1 of 2

Phil Schiller iPhone: It has only been a couple hours since we published an article with quotes from Piper Jaffray analyst Gene Munster discussing the possibility of a low-cost Apple Inc. (NASDAQ:AAPL) iPhone later in the year.

This article was a follow-up to several others, including: More Information on a Potential Low Cost Apple Inc. iPhone and Apple Inc. Considering an ‘Affordable’ Smartphone.

We now have more information to bring you. Apple Senior Vice President of Worldwide marketing Phil Schiller was interviewed by the Shanghai Evening News, in which he directly discusses this rumor.

Apple Inc. (AAPL), iPhone 5Apple Inc. (NASDAQ:AAPL) Press Info

When speaking of a cheaper iPhone, Schiller is pretty clear in saying that this will “never be the future of Apple products.”

To get rid of all concerns surrounding the legitimacy of the information, The Next Web was successful in verifying the interview with Apple Inc. (NASDAQ:AAPL) officials.

When discussing the future with interviewer Huang Yinlong, Schiller added the following:

“Every product that Apple creates, we consider using only the best technology available. This includes the production pipeline, the Retina display, the unibody design, to provide the best product to the market.”

“At first, non-smartphones were popular in the Chinese market, now cheap smartphones are more popular and non-smartphones are out.”

“Despite the popularity of cheap smartphones, this will never be the future of Apple’s products. In fact, although Apple’s market share of smartphones is just about 20%, we own the 75% of the profit.”

Does this mean a cheaper or low-cost Apple Inc. (NASDAQ:AAPL) iPhone is definitely out of the question? Probably not.

Page 1 of 2

Biotech Stock Alert - 20% Guaranteed Return in One Year

Hedge Funds and Insiders Are Piling Into

One of 2015's best hedge funds and two insiders snapped up shares of this medical device stock recently. We believe its transformative and disruptive device will storm the $3+ billion market and help it achieve 500%-1000% gains in 3 years.

Get your FREE REPORT and the details of our 20% return guarantee today.

Subscribe me to Insider Monkey's Free Daily Newsletter
This is a FREE report from Insider Monkey. Credit Card is NOT required.
Loading Comments...

Thanks! An email with instructions is sent to !

Your email already exists in our database. Click here to go to your subscriptions

Insider Monkey returned 102% in 3 years!! Wondering How?

Download a complete edition of our newsletter for free!