Analyst: Apple Ready to Sell iPhone in Developing Markets

Peter Misek, an analyst at Jeffries, says Apple has signed an agreement “with a major global distributor” to deliver iPhones to a new set of consumers, including those in developing markets, according to Forbes.

The new approach could also put iPhones in the hands of consumers who use pre-paid wireless services.

In a research note published Sunday, Misek suggested that a re-priced iPhone 3GS might be sold without a contract for $200. If true, the news would have enormous implications for the proliferation of mobile financial services to consumers across the globe.

Read the full story here.

Click to comment

TRENDING RIGHT NOW

To Top