The Mac Observer

Skip navigational links

You're viewing an article in TMO's historic archive vault. Here, we've preserved the comments and how the site looked along with the article. Use this link to view the article on our current site:
Analyst: iPhone nano in the Works

Analyst: iPhone nano in the Works

by , 8:20 AM EDT, July 10th, 2007

Apple may already be working on a smaller sibling for its iPhone, and we could see it as early as Apple's fourth quarter, according to JP Morgan analyst Kevin Chang. Reuters reports that this smaller and less expensive and limited-function iPhone could be based on the popular iPod nano.

"We believe that iPod nano will be converted into a phone because it's probably the only way for Apple to launch a lower end phone without severely cannibalizing iPod nano," Mr. Chang said.

His information comes from unnamed sources in the Taiwan parts supply channel.

Mr. Chang expects that if Apple is developing an iPod nano-based cell phone, it will come in at US$299 instead of the $499 and $599 price points of the iPhone. If so, he predicts that Apple could sell somewhere between 30 million and 40 million units in 2008. In comparison, Apple plans to sell about 10 million of its recently released iPhone in 2008.

While an iPhone nano could help Apple grab more of the cell phone market without impacting current iPod nano sales, it could have the unwanted side effect of cannibalizing iPhone sales.

Since Mr. Chang's information is based on unnamed sources and can't be verified, we'll have to assume that -- at least for now -- the iPhone and iPod nano are safe.

Apple stock is currently trading in the pre-market at $130.21, down 0.12 (0.09%).


If you are interested in Apple's stock, join our forum members in the Apple Finance Boards, a moderated forum for Apple Investors and people who are interested in Apple's financial dealings. For other stories regarding Apple's stock activity, visit our updated Apple Stock Watch Special Report.

  

Recent Headlines - Updated May 3rd

Mon,12:40 PM
Three Ways to Protect your Apple Watch (and One Way Not To)
Tue,8:00 AM
Apple’s Failure to Scale
Mon,6:42 PM
TMO’s Guide to Buying Discounted iTunes Cards
5:45 PM
Comcast Talks About Terabyte Data Caps & More
5:12 PM
Bob LeVitus Will Present at SMMUG in Colorado Springs on May 9th
4:27 PM
Blumoo Bluetooth Universal Remote: $52.99
4:18 PM
iPhone Controlled Air Conditioner Looks, and is, Cool
3:00 PM
TMO Background Mode: Interview With Intel Fellow Dr. Bruce Horn
1:55 PM
TMO Daily Observations 2016-05-02: Apple’s Next Big Thing, Icahn’s $AAPL Selloff
10:53 AM
FBI Shows Fingerprints and Touch ID Aren’t Warrant-proof
Sun,12:15 PM
MGG 603: Pronunciation, Rants and The Joy of a Smaller Phone
Fri,6:10 PM
An Open Letter to Phil Schiller about iPhones, iPads, and Macs
  • __________
  • Buy Stuff, Support TMO!
  • Podcast: Mac Geek Gab
  • Podcast: Apple Weekly Report
  • TMO on Twitter!