Pricing Policies: Apple lnc. Is well known for developing innovative products like the iPhone, iPad and iPod. Such devices are manufactured with complex electronic components and incur substantial design and development costs. The actual cost of manufacturing these products is a closely guarded secret. While the manufacture and distribution costs are important factors in setting the selling price for such devices, other factors affect pricing policy too, according to industry analysts and reviewers. http://medium.com/macoclock/the-story-of-pricing-strategy-7eb475f3e257. Question 1 REQUIRED: a) Do devices like I phone have different prices during different stages of their lifecycle? Can Companies like apple adopt price skimming policies why and why not. Use the above link and evaluate the strategy adopted in the article