Why Apple Needs a Really Expensive iPhone

Cult of Mac writes,   Some pundits are predicting, and others are advocating, that Apple launch an iPhone that’s much cheaper than the current iPhone in order to keep up with Android phone sales. This is crazy talk. Apple doesn’t need a cheaper iPhone. They need a more expensive one — much more expensive. Here’s why. Android Gets Big Market Share with Small Profits Android phones are selling in vastly higher numbers than iPhones. So high, in fact, that Google Chairman Eric Schmidt says the market share numbers are comparable to Microsoft vs Apple in desktop operating systems in the past 20 years. The…

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