New iPhones Rake in Revenue

N. Venkat Venkatraman, School of Management

Just three days after its iPhone 5s and iPhone 5c models hit store shelves, Apple announced Monday that it had sold a record-breaking 9 million handsets…

Expert quote:

“The 5c is simply a lower price version of 5. I would be interested to see how many upgrade from 4S to 5c and how many upgrade from 4S to 5s on a global basis before we can declare 5c to be a dud.”

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