Apple Slashes Cost And Adds Features With Newest iPhone (Investor's Business Daily)

Investor's Business Daily - In a bold move to increase adoption of its groundbreaking smart phone, Apple (NasdaqGS:AAPL - News) on Monday slashed the price from $399 to $199 for the version with 8 gigabytes of storage. A year ago, that model cost $599. The original iPhone debuted on June 29, 2007.

Apple On Fast Track With New iPhone (Investor's Business Daily)

Investor's Business Daily - Apple will try to broaden the appeal of its iPhone with Monday's expected unveiling of a new model with faster wireless Internet connectivity.

The iPhone Vs. BlackBerry Era Begins (Investor's Business Daily)

Investor's Business Daily - Apple's new and improved smart phone, the iPhone 3G, goes on sale Friday, to the delight of gadget-loving consumers. But the feature-packed touch-screen device also could make an impact with corporate and enterprise customers.

2.5m AT&T iPhone users; Piper on WWDC Macs; 3G stock panic

AT&T now counts more than 2.5 million iPhone users among its ranks. Also, analysts at Piper Jaffray give a 60 percent chance of Macs at WWDC; the New York Times has developed a new version of its Times Reader for the Mac; and a plunge in Apple stock...

Apple's New iPhone Attracts Big Crowd, But There's A Glitch (Investor's Business Daily)

Investor's Business Daily - Apple's much-anticipated iPhone 3G arrived Friday with tech enthusiasts lining up at stores -- and many enduring problems trying to activate the devices.

Wall Street embraces the 3G iPhone

Section: Apple, Apple News, iPod + iTunes, iPod touch, iPod, iPhone + Communications, iPhone, iPhone SDK & AppsIndustry analysts believe Apple’s introduction of the 3G iPhone at the lower price point will finally and officially make Apple a player in the mainstream mobile phone market. However, they do warn that this may come at a price - the cannibalization of Apple’s iPod sales. Despite this possible loss, analysts also go on to add that another “halo effect” may take place for Apple’s Mac market, causing their growth rates to go even faster. “In comparison with the iPod, which is a simple device, the iPhone is a far more sophisticated and versatile device. The iPhone halo effect may not be limited to the consumer market, but may invade the business market as well,” said Needham & Co. analyst Charlie Wolf. Set aside all the analyzing, and it still comes down to one point: the price. With such a drastic price cut, the device is an option for a lot more consumers. Keith Bachman, an analyst at BMO Capital Markets, says this price cut makes the iPhone “...more in line with comparable products.” Even further, the 3G iPhone will be $100 less than the cheapest iPod Touch, so why would anyone buy the more expensive, less functional Touch? These are all good questions, but I’m sure Apple has thought about this long and hard. The 3G iPhone sales will make up for everything, in my opinion. Via [Market Watch] Full Story » | Written by Josh Holat for Appletell. | Comment on this Article »