Apple will release two new iPhone models in late September
According to Business Insider analyst Chris Whitmore reports that Apple plans to release not only the iPhone 5 this fall, but they will also release a cheaper version of the iPhone, the iPhone 4S.
This means that Apple will release a minor update to the iPhone 4, the iPhone 4S, as well as a major update called the iPhone 5.
"With Nokia and RIMM struggling," he writes, "the time is right for Apple to aggressively penetrate the mid range smart-phone market (i.e. $300-500 category) to dramatically expand its [total addressable market] and market share."
As Whitmore sees it, an iPhone 4S that is unlocked, priced around $349, and comes with a pre-paid voice plan would "drive significantly greater penetration" into an addressable market that has grown to include 1.5 billion potential customers in 98 countries, two thirds of whom prefer pre-paid plans.
The rumors about cheaper iPhone have been reports floating around for a long time. It's a pity that Whitmore only offers us his prediction without any evidence or inside knowledge.
Here is a summary of what we have in mind right now:
- 4" screen
- new design
- dual core
- 8MP camera
- possible dual LED and/or dual camera
- 1080p video
- old design
- single core
- 5MP camera
- 4GB Storage
- 720p video
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