John Paczkowski, AllThingsD
Why build [a cheaper iPhone]? Because at this point it’s stupid not to. The emerging market opportunity in China, India and elsewhere is simply too great. And while peddling legacy iPhones to price-sensitive customers has allowed Apple to tap into this market, it would likely be a lot more successful with a device designed specifically for it.
If Apple were to produce a cheaper iPhone for other markets where pre-paid phones are the norm, would they bring it to Canada and the US?