The latest iPhone rumours come from Ticonderoga Securities analyst Brian White, speaking to Sohu.com via AllThingsD. China Telecom has apparently reached a preliminary deal with Apple to sell two models of the iPhone in October. One will be the iPhone 5, and the other a ‘simplified’ iPhone 4:
â€œAccording to Sohu.com, China Telecom will offer two types of iPhone that include the iPhone 5 and a â€˜simplified iPhone 4,â€™â€ says White. â€œEssentially, this potential â€˜simplified iPhone 4â€² would be a more economical version of iPhone to target a broader customer base in developing countries such as China, allowing for an expanded market opportunity.â€
White estimates China Telecom’s subscriber base of 13-15 million could involve iPhone revenues of $8-9 billion, but with a ‘simplified’ iPhone 4, that opportunity could be much larger. We’ve heard rumours about a ‘cheaper’ iPhone from Bloomberg before.