Is Apple gearing up for the iPhone nano?

Jan 02, 2009 By Benjamin Pimentel

Apple Inc. may be gearing up to introduce cheaper iPhone and MacBook models in 2009, possibly including a device dubbed the iPhone nano, an analyst said Wednesday.

Judging by checks with Apple suppliers, it appears the Cupertino, Calif.-based computer maker may be getting ready to introduce "a lower-cost version" of the popular iPhone, according to Craig Berger, an analyst with Friedman, Billings, Ramsey & Co.

"Some call this device the iPhone nano," Berger wrote in a research note. "Whatever one calls it, we believe this device is on its way."

Shares of Apple fell 1.1 percent to close at $85.35.

Berger added he's also expecting "a new and smaller version of the iPod shuffle," possibly in the middle of the first quarter and a cheaper MacBook notebook, although he noted, "We do not believe this PC will qualify as a netbook."

Berger said he doesn't expect the products to be ready in time for a rollout at the Macworld expo next week.

Officials at Cupertino, Calif.-based Apple could not immediately be reached for comment.

Analyst Roger Kay of Endpoint Technologies Associates said offering lower-cost products "would certainly help volume" in a time of weaker demand.

He also noted that, while it is hard to know if Berger is right about Apple's plans, the potential for information leaks at the tech giant has grown.

"Since the company began working with a wider range of suppliers, its information embargo is more difficult to keep," Kay said. "Doesn't mean this guy has the scoop, but the likelihood is greater."

___

© 2008, MarketWatch.com Inc.
Visit MarketWatch on the Web at www.marketwatch.com
Distributed by McClatchy-Tribune Information Services.

Explore further: Apple's growing patent portfolio offers clues about future products

add to favorites email to friend print save as pdf

Related Stories

Reintegrating extremist into society

26 minutes ago

The UK government's increasingly punitive response to those involved in terrorism risks undermining efforts to successfully reintegrate former extremists, according to research by the University of St Andrews.

Jay Z to acquire Wimp music service

6 minutes ago

US rap star Jay Z will make a $56-million foray into the music streaming business by taking over the Norwegian service Wimp, its shareholders confirmed Friday.

Recommended for you

Standalone wireless info display device an easy fit

Jan 25, 2015

A Latvian team has come up with a good-looking WiFi display device, connecting to the Internet using WiFi, which runs on a high-capacity built-in battery and tracks what's important to you. This is a standalone ...

User comments : 1

Adjust slider to filter visible comments by rank

Display comments: newest first

WolfAtTheDoor
not rated yet Jan 03, 2009

Please sign in to add a comment. Registration is free, and takes less than a minute. Read more

Click here to reset your password.
Sign in to get notified via email when new comments are made.