“Barclays Capital analyst Ben Reitzes asserts that Apple is likely to broaden its iPhone line with a low-end model, but not until calendar Q3 2009 at the earliest,” Eric Savitz reports for Barron’s.
“Reitzes also asserted that it ‘makes complete sense’ for the company to introduce an ultra-portable device to fill the price gap between the $399 high-end iPod Touch and the $999 MacBook. ‘This $600 gap needs to be filled and we think it can be with a premium ultra-portable device using multi-touch technology,’ he writes. ‘We believe an ultra-portable can be done right by Apple and do not believe the company wants to follow the netbook model, trying to pack full PC functionality into a something small and cheap. Apple, in our view, would only introduce a premium product that doesn’t dilute its brand,’” Savitz reports.
“Reitzes imagines a touchscreen tablet capable of video chat, with a front-facing iSight camera, and the ability to view documents and perhaps access more Apple software and content via MobileMe or ‘the cloud.’ He thinks such a product would be ‘perfect’ for partnering with wireless carriers “who can even subsidize the product.’ Concludes Reitzes: ‘Net net, Apple needs to fill a gap in terms of price and its current $600 gap is mysterious,’” Savitz reports.
Full article here.
[Thanks to MacDailyNews Reader "Brian B." for the heads up.]