Apple will release iPhone 5 and second prepaid iPhone model in September, analyst claims

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Apple will release not one, but two new iPhone models this September, Deutsche Bank analyst Chris Whitmore wrote in a note to investors on Monday. The Cupertino-based tech giant has a new iPhone 5 model lined up to replace the current iPhone 4, but it also has the rumored “iPhone 4S” in the works — a supposed modest upgrade that will maintain the same physical design as the current iPhone model. The 4S model, Whitmore believes, will launch as a $349 prepaid phone with a data plan that works much like the iPad Wi-Fi + 3G; users will be able to choose from multiple data plans and purchase them on a monthly basis without being locked into a contract. “With Nokia and RIMM struggling, the time is right for Apple to aggressively penetrate the mid range smart-phone market (i.e. $300-500 category) to dramatically expand its [total addressable market] and market share,” Whitemore wrote.

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117 Comments
  • http://pulse.yahoo.com/_S57ZFG3CPV3UII2Z4INWAHWRMM Cecil Aguilar

    I paid $32.67 for a XBOX 360 and my mom got a 17 inch Toshiba laptop for $94.83 being delivered to our house tomorrow by FedEX. I will never again pay expensive retail prices at stores. I even sold a 46 inch HDTV to my boss for $650 and it only cost me $52.78 to get. Here is the website we using to get all this stuff, LiveCent. com

  • Palmprefirst

    I have an iPad 1, htc evo 3d…and getting the hptouchpad and had a blackberry, so we all need a variety of choices….just get sick of how everything is centers around apple. We need to get away from all this non-sense.

  • Mo

    When did phones over $400 considered mid range?

  • http://tckglobal.net Tharindu

    I’d like the idea but I think the 4S won’t be it. Since apple is already selling unlocked iPhone 4 on their store I think they’d just announce iPhone 5 and reduce the price of the current iPhone 4 and put iOS 5 on it. I hope they ship it worldwide without just the countries who have a career to ship. Like their MacBooks and iPads.

  • Hgjfld

    The last 2 versions of the new iphone 3GS and iphone 4 don’t surprise anyone much.  If they can put the video projector on the iphone, then I will be buying.  I know there is such technology now.

  • Anonymous

    What we really need is a prepaid iPhone that could be used *without* any data plan!  Let us make calls on the thing, but surf the net over wi-fi and NOT have to pay for an unneeded and too expensive 3G data plan.

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