UPDATE: JP Morgan retracts Kevin Chang’s prediction of iPhone Nano
Now that they can’t drop cryptic hints about the iPhone’s existence, analysts are moving on to the next predicted phase in Apple’s master plan: a nano-based cellphone. Kevin Chang, an analyst with JP Morgan, has quoted anonymous sources in the Apple hardware supply chain as well as pointing to recently-revealed patents for iPod-like devices with multiple functions and a touch-sensitive scrollwheel.
“We believe that iPod Nano will be converted into a
phone considering it’s probably the only way for Apple to launch a lower end phone without severely cannibalizing iPod Nano” Kevin Chang
He’s not the only one expecting big things; rival firm Piper Jaffray pushed analyst Gene Munster blinking into the light to clue us in on their expectation of a touchscreen-based iPod, media-dedicated unlike the iPhone, which would go some way to prevent the cellphone eating into PMP sales.
Original post by Chris Davies
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