Sub-$300 3G iPhone is the Bomb

Posted on Mar 31, 08 09:19 AM PDT

While the economy isn't exactly as rosy as everyone would like, there is still some silver lining in this dark cloud according to investment bank Piper Jaffray who is pretty bullish on Apple, claiming that a diversification in the iPhone line will result in 45 million handsets being exchanged at cash registers (virtual or otherwise) worldwide. In fact, an analyst from the bank has tipped off that a 3G model is widely expected to arrive this June, following by the probability of a more significant model by next year which will reside between the $200 and $300 price point. What do you think about this prediction? Will Cupertino's stock start to fly high all over again?

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