The new iPhones are here! The new iPhones are here!
With all of the anticipation built up around the new Apple
As expected, Apple's next-generation iPhone contains a host of new features, including the capability for broadband speed, GPS navigation, and corporate email access. Apple also confirmed the rumor that a version of the new phone will carry a $200 price tag, so it should penetrate deeper into the mass market without cannibalizing other products. But for investors, there are a few important takeaways hidden in all these new features.
First is the news that exclusive U.S. partner AT&T
The other important point is that the iPhone will now compete more evenly in the global smartphone space. With a subsidized price and broadband speed, the iPhone will be more attractive stacked up against the latest Nokia
I think Apple would have a hard time cracking the corporate market anytime soon, but capturing the larger mass market will help. Overall, investors should be impressed with Apple's next-generation phone. It gives up recurring revenue, but I expect device sales in global markets to flourish under the new model -- and to set the stage for even greater things to come.
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