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JAN 15, 2013 - Yahoo! News

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Former Apple CEO Sculley encourages Apple to make a cheaper iPhone

Former Apple (AAPL) CEO John Sculley may not seem like a good person to offer Apple advice, especially since he’s widely blamed for pushing Steve Jobs out of the company in 1985 and for making a series of mistakes during his tenure that left Apple in a precarious financial position. All the same, Sculley recently told Bloomberg that Apple should go ahead and make a cheaper version of the iPhone to compete with companies such as Samsung (005930) in emerging markets. “Apple needs to adapt to a very different world,” Sculley said. “As we go from $500 smartphones to even as low, for some ... Read More

Tags: Former Apple CEO Sculley encourages Apple to make a cheaper iPhone,  Steve Jobs Latest News