Wal-Mart reportedly will sell iPhones

12/8/2008 | Bloomberg

In a move that analysts say hints at Apple's mulling whether to offer a lower-priced iPhone, the company reportedly will sell the devices in an undetermined number of Wal-Mart outlets this month. "One of the key things Apple needs to do to drive broader iPhone adoption is to build a more complete product line" with low-end, midrange and high-end products, said Shaw Wu, an analyst for Kaufman Bros., in a research note.

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