Analysts expects Apple to debut lower cost iPhone models in June

“Apple’s next update to the blockbuster iPhone handset is expected by one prominent analyst to have a lower total cost of ownership, and to also include new gesture-based functionality,” Neil Hughes reports for AppleInsider.

“Katy Huberty with Morgan Stanley maintains that the biggest barrier to greater iPhone adoption is the cost of the hardware, followed by the service plan,” Hughes reports. “The investment in the device has been its biggest issue in both developed markets like the U.S. and emerging ones like China.”

Hughes reports, “But Huberty expects Apple to address that in June, by introducing a new model that will be economically friendly to even more consumers. ‘We expect Apple to launch new iPhones in June that offer both a lower total cost of ownership and new functionality, potentially including gesture-based technology,’ she wrote in a new note to investors Friday.”

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