Friday, August 10, 2012

Apple Inc. (NASDAQ:AAPL) Stores Offers Discounts Matching other Retailers, Carriers

As per a report from The WSJ, Apple Inc. (NASDAQ:AAPL) has now started offering the same discounts on its iPhones at its retail stores, as offered by other retailers and carriers.

According to MacRumours - Apple's retail stores have been given authorization to match these discounted prices from approved major retailers and carriers. In all cases, Apple will discount iPhone 4S and iPhone 4 models by $49.01 upon request to bring pricing down to $349.99/$249.99/$149.99 for the iPhone 4S and $49.99 for the iPhone 4.

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However customers will have to specifically ask for the discount and mention the particular retailer offering that discount for Apple to match that. The offers are available only at Apple's retail stores on the ground, and are not available on its online store.

Apple's discount strategy might be a ploy to get its older version of the iPhones moving off the shelves as it readies itself for the launch of its latest version.

The new iPhone 5, scheduled to be launched on September 12 according to general consensus, is expected to be a game-changer for the company and help it to get ahead of bitter rival Samsung in the smartphone segment.

Apple is however not advertising its new discounting strategy and its employees at its retail stores have also not been told the reason for the discounts.

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It is an unusual move by the company which does not usually offer retail discounts for its products, apart from education and corporate discounts.

Apple last month announced sales and profits that missed analyst expectations, largely on disappointing sales of the iPhone, its largest source of revenue

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