Very well put. It will be the first or second best selling phone in history and will have great margins for Apple. From their point of view, an excellent move.
The best indicator of the excellence of the Apple phone products, in my view, is that the iPhone 4 is still being sold. It came out 3 1/2 years ago, and is still good enough to be sold today. Are any competing smart phones from mid-2010 still being sold today?
I don't think Apple are still selling the iPhone 4...perhaps there is some inventory that's still available in certain markets, but if you go to an Apple Store it's the 4S, 5C, and 5S.
The best indicator of the excellence of the Apple phone products, in my view, is that the iPhone 4 is still being sold. It came out 3 1/2 years ago, and is still good enough to be sold today. Are any competing smart phones from mid-2010 still being sold today?