Instead of a bargain-bin priced iPhone to compete with low-end Android smartphones, there's a good argument to suggest Apple would be targeting the mid-price market instead.
Despite a hefty $1,599 price tag, tickets to this year's World Wide Developer Conference--where Apple has been known to unveil major product announcements--sold out in two minutes.
"We're going to demote the PC and the Mac to just be a device," said Steve Jobs in his keynote address at Apple's WWDC today. "We're going to move your hub, the center of your digital life, into the cloud."
Prices so low, Apple must be INSANE! Or, more likely, they're hooking a whole new world of users with bargain basement prices on OS Lion and iCloud while planning to charge them later for add-ons and premium features.
There are whispers from a pretty reliable source that the House of Jobs is testing a MacBook computer powered by one of its own ARM A5 chips, straight from an iPad. It may be the Mac of the future. Should Intel worry?
