Apple to Make iPhone 3GS Free With Contract Once iPhone 5 is Released?
Posted June 29, 2011 at 9:40pm by iClarified
RBC Capital Markets General Manager Mike Abramsky believes Apple will make the iPhone 3GS available at $0 with contract once the iPhone 5 is released, reports BGR.
In a note to investors on Wednesday, RBC Capital Markets General Manager Mike Abramsky claims Apple is expected to finally offer the phone for free in an effort to aggressively attack mid-market smartphone buyers and counter Androidâs momentum. Abramsky sees this move more than doubling Appleâs global addressable market to 150 million smartphones, up from 64 million, and it will drastically accelerate Appleâs growth outside North America.
Recent rumors have suggested that Apple may release two devices this fall. With one of them being a lower priced device to dramatically expand its total addressable market and market share.
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In a note to investors on Wednesday, RBC Capital Markets General Manager Mike Abramsky claims Apple is expected to finally offer the phone for free in an effort to aggressively attack mid-market smartphone buyers and counter Androidâs momentum. Abramsky sees this move more than doubling Appleâs global addressable market to 150 million smartphones, up from 64 million, and it will drastically accelerate Appleâs growth outside North America.
Recent rumors have suggested that Apple may release two devices this fall. With one of them being a lower priced device to dramatically expand its total addressable market and market share.
Read More