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Iphone Price Analysis Essay

On April 1, 1976 Apple Computer Inc., was created by Steve Jobs, Steve Wozniak, and Ronald Wayne (Jay, 2008). Through a shared vision the group created the first Apple 1 personal computer. Later in the year, Ronald Wayne sold his share in the company back to his partners. Apple Computer Inc. was incorporated in 1977. Apple Computer Inc. became a major competitor in the high-tech computer world.

Over the next couple of years, Apple Computer Inc. continued to create products that changed the world. Apple Computer Inc. is a leading multinational corporation that designs and creates consumer electronics, consumer software, and commercial servers. Some of Apple Computer Inc., major products include the Apple II, Macintosh, iMac, iPod, iPhone, and iPad. In 2007, Apple Computer Inc. changed its name to Apple Inc. to reflect their expansion into different markets (Jay, 2008). Price:

The iPhone 4s can be purchased in either black or white at the starting price of $199 with a two-year wireless service plan. There are three models that can be purchased, 16GB, 32 GB, or 64GB. The greater the size of the model, the higher the price will be. This can range from $199 up to $399. Service:

The iPhone 4S is available on a range of plans from AT&T, Sprint, and Verizon network carriers. Also, Apple Inc. offers consumers the option to purchases an unlocked or contract-free phone from the company at a higher price. The price for an unlocked iPhone 4S 16GB is $649, a 32GB iPhone 4S is $749, and for a 64GB iPhone 4S the price is $849 (Apple Inc., 2012). The unlocked iPhone can support GSM carriers worldwide.

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