Woz says iPhone worth high price, even in China

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Steve Wozniak in 2012
Apple co-founder Steve Wozniak in 2012.
Photo: Nichollas Harrison/Wikimedia Commons

The iPhone is lagging behind competitors in China. But if Apple notices a sudden uptick in sales, they may have an old friend to thank.

At a tech conference in the Guangdong province of China Tuesday, Apple co-founder Steve Wozniak praised Chinese manufacturers for making smartphones with great functions and affordable prices.

But Woz said the iPhone is still worth the extra money.

Analyst: Regional Carriers Help Secure iPhone Growth

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Morgan Stanley: New regional carried deals help ensure iPhone growth
Morgan Stanley: New regional carried deals help ensure iPhone growth

 

Next week, the iPhone will launch on three additional U.S. regional carriers. This move follows last month’s roll out to five regional carriers plus last year’s addition of C Spire and Puerto Rico-based Claro Puerto (Apple’s first deasl with regional carriers).

Apple’s regional expansion prompted Morgan Stanley analyst Katy Huberty to issue a note to investors saying that the new partnerships will help ensure sustained iPhone growth. She also noted that she doesn’t expect to see carriers dropping subsidized pricing for the iPhone – a concern that has also made investors hesitant when it comes to Apple.