The longer it takes for that deal to come, however, the more Apple’s share price may suffer.
5c No Cannibal
Wall Street was also disappointed with the price point for Apple’s developing world phone, the 5c, Testa noted. “It feels the handset business is a commoditized area that Apple should be super aggressive in and go after the low-end Android phones.”
- Carl Icahn scoops up Apple stock on post-iPhone event plummet (macdailynews.com)
- Apple Inc. (AAPL): Should You Join Carl Icahn? (etfdailynews.com)
- Tim Cook to meet with Carl Icahn on Monday in New York City (macdailynews.com)
- China Mobile Leak and a Dinner Date Top Thursday’s Apple Stories (benzinga.com)