You are here: Home » Companies » News
Business Standard

Apple iPhone 2018 with 6.5-inch screen expected to breach $1,000 price mark

Apple is hosting an event where the Cupertino-based technology giant is expected to make announcements around new iPhones, MacBook, iPad and Watch

Reuters 

Apple Inc is expected to blast further past the $1,000 price barrier when it launches new iPhones on Wednesday, but Wall Street is most intrigued by how deep into its larger-than-ever lineup prices hikes may go. Apple's market capitalisation has passed $1 trillion and the company needs to sustain revenue growth from its signature product even as global demand for smart phones plateaus. One way to do that is to get people to buy more expensive phones. "There's no real game changer on the table," said Hal Eddins, chief economist at Apple shareholder Capital ...

This article is no longer available in our repository.

There could be multiple reasons for this.

First Published: Wed, September 12 2018. 12:34 IST
RECOMMENDED FOR YOU