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Former Apple CEO urges company to adapt to emerging markets

[From Stephen Trew] Interesting to hear Scully’s view. Apple did not do too well back in the 90s. “Rumors of a low-cost iPhone have been flying around of late, and at least one man seems to think it’d be a good idea — John Sculley, who was Apple CEO for a ten-year span in the 1980s and 90s. In an interview with Bloomberg, Sculley said that Apple “needs to adapt to a very different world” in which emerging markets are increasingly important to growth.”