[Falconspeed]

Five years ago Nokia invented a $100 phone in order to sell a billion in India and China. When asked about it, Steve Jobs said something like, Let them sell a billion for $100.

iPhones are excellent but too expensive. I use an iPhone 3GS without internet and it syncs perfectly with my Mac mini with OS 10.8. Super nice.

Just think, if Steve approved of a $100 phone for the new middle class (making $12,000 a year) in India and China, then Apple would continue to be strong. As it is now, Apple has peaked.

Nokia and others will fill the gap and sell items to the new middle class. People who are starting to make $12,000 a year love their phones and shampoo and rice makers.

[Swordmaker]

Just think, if Steve approved of a $100 phone for the new middle class (making $12,000 a year) in India and China, then Apple would continue to be strong. As it is now, Apple has peaked.

Apple was/is selling the iPhone 4S in India up to about a year ago. Now they are selling the iPhone 5 in india. . . for quite a low price I understand. China's middle class makes far more than $12,000 a year equivalent.