Analyst: $99 iPhone Could Be on the Way
Apple is considering releasing a $99 iPhone this summer, an RBC Capital Markets analyst said this week.
According to CNET, analyst Mike Abramsky believes that both a $99 iPhone and an advanced iPhone 3G will debut in June or July. The new devices would likely increase sales, but risk "cannibalizing" its profits from the company.
Abramsky also suggested that Apple add additional carriers for the product.