Cook gives thumbs-down to pared-down iPhone in Town Hall meeting

At a “Town Hall” meeting with employees following the company’s Q1 earnings report, Apple CEO Tim Cook reportedly rejected the notion — long favored by analysts — that Apple needs a “pared down” and inexpensive iPhone model in order to attract buyers in developing or “emerging” markets like India. While most of the meeting dealt with a rehash of information given during the analyst call, some was concerned with employee matters like retention incentives, as well as saying the Apple TV and tvOS both have “bright” futures….

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