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Reuters is reporting that JP Morgan analyst Kevin Chang believes that Apple is working to push a new, cheaper iPhone out its doors later this year. Chang cites sources in the “supply channel” and the recent Apple patent application filing.
The new iPhone will be based on the Apple iPod Nano’s design, as we expected – providing a simpler, and less-frill-filled device for the lower-end users still wanting an Apple phone.
Chang stated, “We believe that iPod Nano will be converted into a phone because it’s probably the only way for Apple to launch a lower end phone without severely cannibalizing iPod Nano.”
[Via: Reuters]
About The Author
Will Park
Will hails from The City of Angels - Los Angeles, California. He spends his time playing with his numerous gadgets and looking forward to seeing what future holds for mobile technology. An avid promoter of a fully "digital" life, he promotes the widespread adoption of truly mobile, paper-less living. He dreams of the day when he can go completely digital. No more snail mail, paper receipts, bound books, notepads/spiral notebooks, credit cards, hard currency. He's a digital warrior - fighting for the converged life. He is an idealist and a realist - he has a perfect view of what the world should be but knows that the world is not perfect. Can we ever hope to see Will's dream become reality? We'll see...
