
Duan Yongping: Real iPhone users don't care about the price, the same in the U.S. and China
Today, at the "Duan Yongping Alumni Reunion" held at Zhejiang University, Duan Yongping shared an interesting story about himself and Warren Buffett. During dinner, Duan Yongping and Buffett talked about the business models of Coca Cola and Apple. "During dinner, Buffett mentioned that when he was young, he used to drink Pepsi because it was only half the price of Coca Cola at that time. I said, I think Apple's business model is better than Coca Cola's. Why do I say Apple's business model is better? I said, when you see that Pepsi is only half the price of Coca Cola, you drink Pepsi, but how much is the price difference between Android and iPhone? You see, real Apple users don't care. He said, I got it! We didn't talk about Apple for the rest of that dinner."
