Cheaper iPhone with no data plan possible: analyst

Email |Print | Reprints [-] Text [+] NEW YORK (Reuters) - Apple Inc (AAPL.O: Quote, Profile, Research, Stock Buzz) could offer lower-cost versions of the iPhone, and without the obligatory monthly data service plan, in hopes of significantly boosting sales, according to one influential technology analyst.

Speaking at the Reuters Global Technology Summit in New York on Monday, on Monday Sanford C. Bernstein analyst Toni Sacconaghi said he expects Apple in coming weeks to unveil new iPhones that will appeal to more cost-conscious consumers.

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