No second iPhone model in September, just the ‘iPhone 4S,’ analyst says
Apple will not release an “iPhone mini,” a second prepaid model or even a redesigned iPhone 5 in September, BMO Capital analyst Keith Bachman claimed in a note to investors on Monday evening. Instead, the Cupertino-based tech giant will stay true to earlier rumors and simply issue a modest spec bump wrapped in the current iPhone 4 case. Earlier on Monday, Deutsche Bank analyst Chris Whitmore claimed that Apple would be unveiling two new iPhone models this coming September, a redesigned iPhone 5 and a second budget iPhone to attack the prepaid market. But Apple will do no such thing according to Bachman, and he lowered his forecast for the September quarter as a result. Bachman now sees Apple shipping 17 million iPhone handsets in the quarter rather than 18 million. He also says the iPhone 3GS will continue to be the low-end iPhone, suggesting that the bump from iPhone 4 to “iPhone 4S” won’t even be significant enough to warrant making the current iPhone 4 model Apple’s $99 offering.
Zach Epstein
Zach Epstein is the Executive Editor of BGR. He has 10 years of industry experience, first in marketing and business development with two private Telcos, then as a writer and editor covering business, technology and telecommunications.
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