Final answer:
An across-the-board cut in the price of all apps on the Apple App Store can stimulate demand for iPhones and benefit Apple in terms of sales and market presence.
Step-by-step explanation:
An across-the-board cut in the price of all apps on the Apple App Store can affect the market for iPhones in several ways.
- Price cut may lead to an increase in demand for iPhones as more people are incentivized to buy iPhones due to the cheaper apps available on the App Store.
- Increased demand for iPhones can lead to an increase in iPhone sales, which can boost Apple's revenue and market share.
- Lower app prices can also attract more app developers to the iOS platform, resulting in a wider selection of apps, further enhancing the appeal of iPhones.
Overall, a price cut in apps on the Apple App Store can potentially stimulate demand for iPhones and benefit Apple in terms of sales and market presence.