Apple’s Budget iPhone Could Nab 11% of Low-Cost Market

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Apple's so-called “iPhone mini” could grab 11% of the low-end smartphone market within its first year on the shelves

In the worst-case scenario, the budget iPhone could cannibalize about 30% of existing iPhone sales, according to AppleInsider.

According to Piper Jaffray’s Gene Munster, Apple’s...

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