What does "entry model" mean?
What does "entry model" mean? I read it in an essay about cell phones. Here is the excerpt, The iPhone 4 sells for just $200 for the entry model. Does it mean a new model launched?

Question

What does "entry model" mean?  
What does "entry model" mean?  I read it in an essay about cell phones.  Here is the excerpt, The iPhone 4 sells for just $200 for the entry model.  Does it mean a new model launched?

Answer

An "entry model" is generally the cheapest and most basic model of a product or device. When they refer to the "entry model" iPhone 4, this would mean they are refering to the 16GB version as this is the most basic iPhone 4 currently available. The term "entry model" comes from the customers' perspective. It is the model that will allow the customer to "enter" a particular product group or segment. In this case, the iPhone4 16GB allows the customer to "enter" the "iPhone owner" group. I hope I haven't overcomplicated this. This is generally a term used in the business world.

Answer

Sorry, I accidently answered this in the wrong section. Please see the answer below :)

Answer

An "entry model" is generally the cheapest and most basic model of a product or device. When they refer to the "entry model" iPhone 4, this would mean they are refering to the 16GB version as this is the most basic iPhone 4 currently available. The term "entry model" comes from the customers perspective. It is the model that will allow the customer to "enter" a particular product group or segment. In this case, the iPhone4 16GB alloes the customer to "enter" the "iPhone owner" group. I hope I haven't overcomplicated that. This is generally a term used in the business world.