The first Apple iPad was introduced in $2010$ at an initial price of $$650$ for the $16$ GB version. People waited in line overnight so they could be one of the first to own this unique tablet device. Which pricing strategy did Apple use to help recoup its research and development costs for the iPad?

Question $4$ options:

A$)$

skimming pricing

B$)$

penetration pricing

C$)$

customary pricing

D$)$

price lining

E$)$

target pricing