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Price of low-cost iPhone

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Will the low-cost iPhone in fact be a $350 mid-level handset?

Low_price_iphone_pyramid-640x433JP Morgan has put together an interesting case for Apple launching its new plastic iPhone as a mid-market device rather than a low-cost one, suggesting that Apple may price the phone at around $350-400.

The case, which¬†AllThingsD describe as “pretty compelling,” is based on Apple’s approach with both iPod Nano and iPad Mini …

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