Apple plans a cheaper iphone?

Rumor has it that Apple is planning a cheaper iphone based on the nano. It's supposed to launch in the fourth quarter... though I'm not sure when exactly the fourth quarter is? (I'm not so business-savvy). Anyway, if it's inexpensive enough, I might just get one.


http://uk.reuters.com/article/internetNews/idUKN0929372220070710

Apple plans cheaper, Nano-based phone
Tue Jul 10, 2007 3:17PM BST

NEW YORK (Reuters) - Apple Inc. plans to launch a cheaper version of the iPhone in the fourth quarter that could be based on the ultra-slim iPod Nano music player, according to a JP Morgan report.

Kevin Chang, a JP Morgan analyst based in Taiwan, cited people in the supply channel he did not name and an application with the U.S Patent and Trademark office for his report dated July 8.

Apple filed a patent application document dated July 5 that refers to a multifunctional handheld device with a circular touch pad control, similar to the Nano's scroll wheel.
Photo

Apple spokeswoman Natalie Kerris declined comment.

Long lines of people turned out on June 29 when U.S. sales began for the iPhone, a mobile phone with a music player and Web browser. Analysts have estimated that sales in the first weekend were as high as 700,000 units.

Chang said a way to follow up the iPhone with a cheaper version would be to convert the Nano into a phone and price it at $300 (184 pounds) or lower. The iPhone sells for $500 and $600, depending on storage space.

"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," he said noting that the new phone could have "rather limited functionality."

Another analyst Gene Munster of Piper Jaffray said he expects Apple to bring out iPods that resemble iPhone, which features such as a touch-sensitive screen, later this year. Such products would help stop iPhone eating into iPod sales.

"We believe the iPhone reveals much of what the iPod will soon be," Munster said in a note to clients, "iPods with some of the touchscreen features of the iPhone should lessen the impact of cannibalization."
Posted on July 10, 2007 at 6:12 am
SarahAndRob
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margaret
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$300 or lower for a nano/cellphone sounds a lot more reasonable than the $600 iphone. I look forward to seeing it!
Posted on July 10, 2007 at 6:27 am
*Wil*
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I heard this. I'm going to wait till they add GPS to the big guy.
Posted on July 10, 2007 at 9:42 am
MrsBabySalute
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That will be good, a cheaper version of the iPhone. Hopefully the phone/data plan with AT&T can be cheaper too!
Posted on July 10, 2007 at 11:39 am
hannikan
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I would still wait til they've worked out the bugs. Ppl have had a lot of problems with the iPhone. I know it will get better and cheaper.
Posted on July 11, 2007 at 10:29 am
Kristen
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I think a lot of people are waiting for it to get cheaper, just like how they were waiting for the PS3 to get cheaper. Nintendo's kicking their butt with the Wii (so much fun) and DS (I'm hooked on that, too).

I also agree - hopefully the phone plan could be cheaper in the future!
Posted on July 11, 2007 at 10:47 am

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