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

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.

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