JP Morgan Says, Apple will launch iPhone 4 Plus and iPhone 5
Hold your horses grab your credit cards and save your pennies because0, Apple will release two new iPhone models this fall, the “iPhone 4 Plus” and the iPhone 5, according to a note to investors issued by JP Morgan on Monday. JP Morgan analyst Mark Moskowitz reiterated reports that the iPhone 5 will feature global roaming with support for both CDMA and GSM networks
. As various other rumors have also suggested, Moskowitz believes the iPhone 4 successor will be thinner and lighter than the current model
. In addition, Moskowitz said Apple will release another model with “some improvements” over the current iPhone 4. He has dubbed that model the “iPhone 4 Plus” instead of the “iPhone 4S
,” a commonly used moniker for the potential entry-level device. “We believe that investors should start to prepare for more positive surprises related to the quarterly run rate of the iPhones in the near- to mid-term,” Moskowitz said, noting the addition of the iPhone 5 to Sprint’s portfolio and the introduction of the iPhone 4 Plus on China Mobile and China Telecom could create a large boost in iPhone sales.