Important for Apple to Offer Lower-Priced Phones

July 24 (Bloomberg) -- Ashok Kumar, an analyst at Maxim Group LLC, talks about the business outlook for Apple Inc. Apple reported third-quarter profit and sales that beat analysts’ estimates, spurring optimism that the maker of the iPhone and iPad can withstand an attack from low-end smartphone competition. Kumar speaks with Zeb Eckert on Bloomberg Television's "On the Move." (Source: Bloomberg)

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