Apple halves iPhone to $99, trims Mac prices

Posted in iPhone News by admin. Published June 10th, 2009

Apple Inc halved the price of its entry-level iPhone to $99 on Monday to widen the trendy device’s mass-market appeal, as global competition heats up after Palm Inc launched the Pre.

Apple also cut prices on several of its Mac notebooks amid a tooth-and-nail battle among computer makers for buyers during the recession.

And to shore up its hold on the smartphone market, it unveiled a new, faster, high-end iPhone that takes videos and has voice features, matching offerings by rivals Palm and Research in Motion’s BlackBerry.

Analysts said sales could double for the cheapest iPhone.

Chief Executive Steve Jobs, on medical leave since January, did not put in a much speculated-about appearance.

The next-generation iPhone 3GS — the “S” stands for speed, double that of the original model — goes on sale in the United States, Germany and elsewhere on June 19 for $199 to $299.

[Thanks: http://www.theusdaily.com]

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