July 12, 2024
Apple to Cut 8GB iPhone Price to $99?

Apple to Cut 8GB iPhone Price to $99?

Posted May 27, 2009 at 2:07pm by iClarified
A research note from RBC Capital analyst Mike Abramsky suggests that Apple may drop the price of the 8GB iPhone to $99(with contract), according to a Barrons report.

In a research note this morning, he notes that the company is widely expected to unveil updated iPhones at the Worldwide Developers Conference on June 8. Expectations are they will keep price points at $199 and $299, with 16 GB and 32 GB models. Abramsky thinks even an evolutionary upgrade will drive a healthy upgrade cycle; he 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. 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.

Read More

Apple to Cut 8GB iPhone Price to $99?
Add Comment
Would you like to be notified when someone replies or adds a new comment?
Yes (All Threads)
Yes (This Thread Only)
iClarified Icon
Would you like to be notified when we post a new Apple news article or tutorial?
Comments (2)
You must login or register to add a comment...
etit-modta - May 27, 2009 at 4:40pm
can buy online on this price?! location dubai. . anybody can help me thx
scp - May 28, 2009 at 7:58am
Can you read? It says 'with contract' (with At&t)... so how you want to buy it and use it in dubai?
Recent. Read the latest Apple News.
Tutorials. Help is here.
Where to Download macOS Monterey
Where to Download macOS Ventura
AppleTV Firmware Download Locations
Where To Download iPad Firmware Files From
Where To Download iPhone Firmware Files From
Deals. Save on Apple devices and accessories.