Analyst: Apple mulling ow-cost ‘iPod phone’

Apple "is on track to sell 4 million iPhones when Apple [CEO Steve Jobs] addresses the San Francisco crowd [during an Apple special event scheduled for June 9th], according to RBC Capital Markets analyst Mike Abramsky," Scott Martin reports for Red Herring.

"'We continue to expect iPhone upside (our outlook remains 14M CY08, 24M CY09), along with 'halo effect' impact to global Mac sales,' he wrote in a note to clients," Martin reports.

"At Apple’s upcoming September 9 event, the company is expected to update its iPod line, including redesigned iPod Nanos, and cut prices, among other announcements," Martin reports. "RBC's analyst said Apple may also be mulling a lower-cost “iPod Phone,” a voice-only one priced below $99 with a service contract. That phone would target international sales and push Mac sales worldwide, the analyst noted. He said it wasn’t expected at the upcoming event."
ARTICLE LINK HERE