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Apple will be releasing two new iPhones this September, says Deutsche Bank analyst Chris Whitmore in a note this morning [June 27, 2011].
It will release the iPhone 5, and the iPhone 4S, a "mid-range" prepaid smartphone priced at $350. The data plans would work similarly to the iPad. Users could sign up and pay for what they need when they need it.
"With Nokia and RIM struggling, the time is right for Apple to aggressively penetrate the mid range smart-phone market," says Whitmore.
If Whitmore's report is accurate it would confirm a lot of rumors we've heard this year around the iPhone.
"With Nokia and RIM struggling, the time is right for Apple to aggressively penetrate the mid range smart-phone market," says Whitmore.
If Whitmore's report is accurate it would confirm a lot of rumors we've heard this year around the iPhone.
Since February reports have mentioned a cheaper iPhone to expand Apple's market and fend off the rapid growth of Android. We've also read conflicting reports about whether or not Apple is releasing a redesigned phone for iPhone 5 or just a mild internal upgrade producing a faster version of the iPhone 4.
Apple Will Have TWO New iPhones In SeptemberAbout Apple
Apple's Mission Statement and as described in press releases, "Apple designs Macs, the best personal computers in the world, along with OS X, iLife, iWork, and professional software. Apple leads the digital music revolution with its iPods and iTunes online store. Apple reinvented the mobile phone with its revolutionary iPhone and App Store, and has recently introduced its magical iPad which is defining the future of mobile media and computing devices."
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