Analysts Believe Apple Could Drop Price of iPhone 5s to $350

Rumour has it the upcoming 4-inch iPhone (SE) will replace the iPhone 5s and likely be released within a week of the March 21 media event, but Gene Munster of Piper Jaffray says he believes Apple could “experiment with excess stock inventory,” with a lower price tag for the iPhone 5s (via AppleInsider).


He expects the handset to be priced between $250 and $350, which could help Apple gain market share in emerging markets such as India, Brazil, and Russia.

But he isn’t the only one with such hopes: In a note to investors, analyst Rod Hall of J.P. Morgan expressed his belief that Apple’s iPhone lineup could start from $350 with the launch of “iPhone SE”.

Actually, this could make sense – despite voices saying Apple will discontinue the iPhone 5s – as there was a precedent for such move from the company with the iPhone 4s: It continued to sell the model in various countries, even after it had been discontinued in most markets.

Apple has sent out media invites for a media event scheduled for March 21 – as expected. The event will be held at the company’s campus in Cupertino at 10 a.m. Pacific time.

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  • aaloo

    It will probably be sold only in developing markets like Brazil and India. Unlikely Apple will sell 300 buck phone in North America. But we might be able to score a sweet deal from other resellers still stocking the device.