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.
We’re always on the lookout for opportunities to partner with innovators and disruptors.
Learn More