
The iPhone 5 release has been a subject of intense speculations for the last two months. People were expecting that Apple will release its next generation iPhone 5 in the WWDC 2011. However, that didn’t happened and now the rumor mills suggest that the Cupertino based Company may release iPhone 5 in September. But, if a report in CNN Money is to be believed then Apple might unveil two iPhones, one iPhone 5 and another, an improved version over iPhone 4. The report cites Deutsche Bank’s Chris Whitmore telling his clients to expect both, an iPhone 5 and an iPhone 4S in the September.
“With Nokia and RIMM struggling,” Whitmore writes, “the time is right for Apple to aggressively penetrate the mid range smart-phone market (i.e. $300-500 category) to dramatically expand its [total addressable market] and market share.”
Experts believe that the two iPhone releases will help Apple penetrate the pre-paid users and widen its consumer base across the globe.
Source- CNN
