Apple to release multiple new iPhone models this Summer, says Morgan Stanley

Wed, May 8, 2013

News, Rumors

After returning from a trip abroad in Asia, Morgan Stanley analyst Katy Huberty recently wrote in a note to investors that Apple is planning to kick off production on multiple new iPhone models sometime in June or July. If this timeline is, in fact, accurate, that lends more credence to reports that Apple’s next-gen iPhone, and perhaps a low-cost iPhone, will hit store shelves sometime this Fall.

In addition to the anticipated iPhone 5 successor, Apple is also rumored to be working on a new low-end iPhone that would be targeted at customers who are not interested in carrier contract subsidies. Huberty’s note provided to AppleInsider on Wednesday suggested that Apple could achieve strong sales of a low-end iPhone in China, even if the device were sold for above the market “sweet spot” of about $160 U.S.

via AppleInsider

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