Getty/David Paul Morris
The Motherlode of iPhone Rumors: Apple Will Release Two This Fall
The comparative glut of rumors around the new iPhone may have a very simple explanation: Apple is building two new phones to be released in September. Chris Whitmore, a vice president at Deutsche bank and known Apple prediction-maker, in a note Monday morning that Apple is planning to release both a contract-only iPhone 5 and a cheaper prepaid iPhone 4S model. "With Nokia and RIMM struggling," Whitmore argues that "the time is right for Apple to aggressiveley penetrate the mide range smart-phone market (i.e. $300-500 category) to dramatically expand its [total addressable market] and market share." The iPhone 4S, Whitmore says, would likely sell at $349 a...