Ex-CEO Sculley says Apple needs to focus on cheaper iPhone
As rumors resume that Apple is readying a less expensive iPhone, one of Apple's former chief executives believes the company needs to revamp its supply chain to meet demand for cheaper smartphones.
As developed nations hit the smartphone saturation point, Apple will have to turn its attention to customers in developing nations who can't afford high-end handsets, John Sculley said today in an interview with Bloomberg Television.
"Apple needs to adapt to a very different world," said Sculley, who served as Apple's chief for 10 years in the 1980s and '90s. "As we go … Read more