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Apple Inc. emerging markets

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According to some sources familiar with the matter and DigiTimes happens to be one of them, Apple Inc. is to release the low-cost iPhone in China and other emerging markets later in 2013. Analysts believe that the new low-cost iPhone will have a price tag between $200 and $250. The launch of the low-cost iPhone comes as Apple Inc. wants to have a bigger market share in China, which happens to be the biggest mobile market, and other emerging markets as competition among smartphone makers is getting more fierce.

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