Saturday, August 6, 2011
Low-cost iPhone could launch soon; Apple execs hope to settle patent disputes
RBC Capital analyst Mike Abramsky recently sat down in a meeting with Apple’s chief financial officer Peter Oppenheimer and chief operating officer Tim Cook to discuss a range of topics, from Apple’s patent battles to the possibility of a budget-priced iPhone. “Apple?s primary criterion for launching a lower-end iPhone is an innovative, category-killer experience,” Abramsky wrote in a recent note to investors. The execs said that the components sector is currently a “buyers market,” which means it has the upper hand when it comes to negotiating for parts. In addition, Abramsky said Apple is interested in settling a number of patent lawsuits against Android phone makers such as Samsung and HTC, in an effort to strike favorable agreements in countries
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