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16:37, July 11, 2007 |
The enthusiasm of die-hard Apple fans can gear up for the next product release -- a less expensive version of iPhone based on the iPod Nano music player later this year, said a JP Morgan report Tuesday.
Apple Inc. plans to introduce the new type of iPhone, which is described as a handheld device with a circular touch pad displaying illuminated symbols that could change depending on the mode in use.
The company designes the model along the lines of the iPod nano and prices it at 300 dollars or lower, said Kevin Chang, an analyst at JP Morgan.
Unlike the current iPhone, which is controlled by a 3.5 widescreen touch screen display, the new model will likely be controlled by a scroll wheel and might have limited functionality.
Long lines of people turned out June 29 when U.S. sales began for the iPhone, a mobile phone with a music player and Web browser. Analysts have estimated that sales in the first weekend were as high as 700,000 units.
Aanalyst Gene Munster of Piper Jaffray said he expects Apple to bring out iPods that resemble iPhone, which features a touch-sensitive screen, later this year. Such products would help stop iPhone from eating into iPod sales. "We believe the iPhone reveals much of what the iPod will soon be," Munster said in a note to clients.
Source:Xinhua/agencies
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