Analyst Says Cheap iPhone Makes Sense After Meeting With Apple

Analyst Says Cheap iPhone Makes Sense After Meeting With AppleWe’ve been hearing a number of stories in regards to the existence of a low-budget iPhone for months now. A number of analysts not only believe a budget iPhone does exist, but a number of them believe we could be seeing it debut as early as this summer. Another analyst is making some noise today saying a cheap iPhone launching this summer makes sense.

Morgan Stanley analyst Katy Huberty is convinced a low-budget iPhone is in Apple’s future after meeting with Apple’s CFO Peter Oppenheimer. She notes a number of reasons why a low-budget iPhone absolutely makes sense: (more…)

By Ubergizmo. Related articles: Google Supplies iOS Developers With Updated Maps SDK, iOS 6.1.3 Beta Addresses iPhone Passcode Security Exploit,

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