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Apple's iPhone Elixir: Cut Prices

30.11.1999 / myapplemenu


by Priya Ganapati, TheStreet.comApple CEO Steve Jobs will need to work some magic to hit his sales target of 10 million iPhones this year.To reach the 10 million mark, Apple needs to average 2.5 million phones in sales a quarter over the next quarters — or 200,000 more than what it sold during the big holiday season.Correct me if I am wrong, but I thought Steve Jobs promised 10 million iPhones sold by the end of 2008, and not 10 million iPhones sold in 2008. Apple has already sold 4 million, and I don't think it will have any problem selling 6 million for this year.


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