UBS Considers The Prospects Of A $1,000 iPhone (NASDAQ: AAPL)

BENZINGA | on Tue, Apr 4, 1:46 PM

Apple Inc. (NASDAQ: AAPL[1]) shareholders and iPhone users[2] are eagerly anticipating the release of the 10th anniversary iPhone 8 later this year. Unfortunately, UBS analyst Steven Milunovich predicts iPhone enthusiasts will have to pay a hefty price for the anniversary model. While some people have speculated that Apple could choose to go the luxury route and price the standard iPhone at $1,000 or more, Milunovich believes Apple will stick to targeting the "luxury mass" market by keeping t...

Read the full article

Semantic processing powered by OpenCalais

Use of the DailyMe service and DailyMe web site constitutes acceptance of the Company's Terms of Service and Privacy Policy.

© 2017 DailyMe, Inc. All rights reserved.