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by SlowRobotAhead 2968 days ago
No one would buy or make your low margin low cost phone, that’s why it doesn’t exist.

Almost like Apple has probably evaluated the business case of an open ecosystem low margin low cost phone, and then immediately went back to printing money.
2 comments
freeone3000 2968 days ago
The $50 price point being deliberately chosen seems to be a reference to Android Go, whose USP is that the max price of the phone, new, no subsidy, is $50. (Though in the US, ZTE actually sells them for $80.)

Of course, they're miserable little devices, but they are technically smartphones that technically run android.

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PhantomGremlin 2968 days ago
and then immediately went back to printing money.

I love the phrase "printing money". It's time proven. But it just occurred to me that it doesn't do Apple justice.

Apple's free cash flow for the trailing 12 months was $44.6 Billion. That's 446 million $100 banknotes. How many printing presses does it take to print that many bills? How many sheets of cotton/linen paper?

Apple's financial numbers are astounding.

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