Wednesday, March 29, 2006

Analysts Make Call: Apple iPhone Near

Investor's Business Daily jumps on the rumored iPhone story and adds to the rumors. From starting their own MVNO to designing snazzy new feature-rich handsets, the article seems to cover the gamut.

Gene Munster at Piper Jaffray said, "An iPhone would be huge for the company. There's a market for high-end phones. People like iPods as iPods. But there's also a group who would like an iPod married to a cell phone."

Munster thought an "iPhone might sell for $300 to $400, much like high-end cell phones and smart phones." He also predicted there was "a 75% chance that Apple will roll out a wireless service by year's end."

UBS analyst Benjamin Reitzes wrote in a research note that "Building on success with iTunes, Apple can create a phone that allows for the easy loading of content — music, video, photos and more — by docking to a PC or Mac. Consumers clearly want content, but lack true 'plug and play' phones."

Let the rumors fly....