low-end segment will comprise 60% of the smartphone market this year, with 540 million units selling at an ASP of $250. This is why the analyst believes that Apple will launch a $199 iPhone later this year, which will promptly see sales skyrocket to 170 million units by 2015.
That meas $199 stock price, bad for Apple stock. China will have hard landing. All these companies counting on Chinese consumer will get disappointed. Most emerging countries do not have a safety net like US for the people to spend like here. They need to earn to spend it. Earning potential is fading ..