The iPhone 3GS by Apple was released in June 2009, almost three years ago. Many Apple fans were disappointed with the design given that it resembled the iPhone 3G, and its hardware upgrades considered quite disappointing. This notwithstanding, the device turned out to be the best selling smart phone from Apple until the iPhone 4S was released in late 2011.
iPhone 3GS to return as an affordable smartphone for emerging markets?
The release of the iPhone 4S drove the largest ever quarter sales in the history of Apple. Now it is expected that Apple will unveil its 6th generation iPhone later this year, the iPhone 5. By the time of its expected release, the iPhone 3GS will be three generations behind and vanish off the market entirely.
However according to Peter Misek, an analyst at Jefferies & Company, Apple may have entered into an agreement with a leading global distributor. This deal targets mainly the global emerging markets and looks into selling the iPhone 3GS at a very affordable price. Misek does not provide clear or further details about the said deal however believes that the unlocked price of iPhone 3GS will fall somewhere between $200 and $250.
Apple stock prices shakey
As stock of Apple price stumbles and panics continue in the Wall Street, the Jefferies & Company also increased its estimates for iPhone for the upcoming June quarter. In this regard, Misek wrote to his clients that the firm are not releasing the real information about the production of the aged iPhone at the new plant in Hon Hai, Brazil. The analyst believes that the Apple will build iPhone units ranging between 28 million – 30 million within the upcoming 2012 quarter. This estimate by Peter Misek exceeds that of Wall Street estimates which put it at between 26 million and 28 million.