Apple (AAPL): A 3G iPhone?

August 1, 2007 by Douglas A. McIntyre

Reports circulating on Wall St. indicate that Apple (AAPL) may introduce new versions of its iPhone. TheStreet.com reports that  "RBC analyst Mike Abramsky issued a note Tuesday that attempted to draw a roadmap on where the popular iPhone is headed next." The analyst had conversations with an executive inside Apple.

The two models that may come out next would be a less expensive versions of the current phone and a model that works on 3G network.

The 3G version would be a big deal. A number of the criticisms of the handset center around the fact that it works on AT&T’s (T) slower network and that the product will not be popular in Europe and Asia where fast broadband networks are a critical part of the marketing of cell phones.

Without a 3G product, Apple is unlikely to get sales of the phone to 10 million a year. With it, sales could go well beyond that and the product would have a clear path to being a global success.

Douglas A. McIntyre

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