Apple cuts iPhone price, retools iPods



 
Apple cuts iPhone price, retools iPods


In announcing the cut to $399 from $599, CEO Jobs says he wants to see the wireless phones 'in a lot of stockings this holiday season.' The moves reflect the growing importance of the mobile market.



Apple Inc. today dropped the price of its high-end iPhone by $200 and unveiled an iPod that connects to wireless networks, both strong signs of the company's growing clout in the mobile market.

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News entry number 842 added on Sep 6, 2007 in the Business News category.

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