Analyst: Apple may offer 8GB iPhone model for $99; current iPhone 3G unit sales look good

“In a research note this morning, RBC Capital analyst Mike Abramsky notes that [Apple] is widely expected to unveil updated iPhones at the Worldwide Developers Conference on June 8,” Eric Savitz blogs for Barron’s. “Expectations are they will keep price points at $199 and $299, with 16 GB and 32 GB models. Abramsky… estimates 20% of the 21 million iPhone installed base will upgrade within the first year.”

“But he also says that the company could leverage its component and manufacturing efficiencies by offering an 8 GB version of the phone at $99, down from $199 currently,” Savitz reports. “He thinks the result could provide a major lift to unit demand, with 5 million additional iPhones in FY 2009, and 22 million in FY 2010.”

“Meanwhile, he writes that global checks show steady iPhone sales ahead of the pending product refresh, with nominal inventory contraction assisted by carrier promotions,” Savitz reports. “He ups his June quarter iPhone unit forecast to 3.5 million from 2.5 million.”

Full article here.

[Thanks to MacDailyNews Reader “Edward W.” for the heads up.]

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