Apple Inc.'s Brilliant Apple Watch Series 3 Pricing Strategy
During Apple's (NASDAQ: AAPL) Sept. 12 product launch keynote, the company introduced the Apple Watch Series 3. The watch includes many cool improvements over its predecessor, such as a much faster processor, a better wireless chip, and a barometric altimeter.
The big new feature, though, was the cellular-enabled option to the Apple Watch Series 3 lineup in addition to standard ones that just have GPS and Wi-Fi connectivity.
Cellular capability affords the Apple Watch Series 3 much greater freedom from the iPhone than previous-generation Apple Watches could deliver, though enabling cellular connectivity requires that customers pay a monthly line access fee.
Source: Fool.com
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