Cheaper Apple iPhone rumours quashed
p2pnet news | mobiles:- Yesterday JP Morgan analyst Kevin Chang was forecasting a $300 iPhone built on the iPod Nano and Apple’s stocks soared.
Today, Chang’s speculations, based on conversations with unnamed sources and an Apple patent, have been scotched by colleagues.
Rumour and hype, smoke and mirrors, are key to Apple’s success. Macolytes stampede every time reports of some new bell or whistle emerge.
But three of Chang’s colleagues are, “expressing doubt over the veracity” over Chang’s report, says Australia’s The Age.
In their views, a 3G version of the iPhone is more likely and, “We caution that the potential for a low-end, subsidized phone from Apple seems unlikely in the near term,” wrote Bill Shope, Elizabeth Borbolla and Vlad Rom, says the story
“Perhaps Apple will choose to eventually replace its iPod family with phones over time, but it could be premature to assume this will happen in volume any time soon.”
The iPhone isn’t slated for release in Australia until next year, “but hackers are already in the process of unlocking the US model so it can support Australian phone networks,” adds The Age.
Meanwhile, stockholders are chortling contentedly.
Also See:
$300 iPhone – New, cheap NanoPhone on the way, July 10, 2007
The Age – iPhone Nano rumours quashed, July 11, 2007
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July 11th, 2007 at 9:53 pm
Of course they are going to say this. They don’t want people to stop buying the damn iphones anticipating one they may like better.
Didn’t microsoft deny the zune for a long time, then WOW all of a sudden, there it was.