- Google documents Iraqi museum treasures
- EU drops Qualcomm antitrust probe
- Barnes & Noble reports 2Q loss, cuts guidance
- Nokia to ax 220 R&D jobs in Japan
- Fox CEO wants US to join France on Internet piracy
- Newspaper circulation may be worse than it looks
- GE, Vivendi talks over NBC Universal stretch on
- B&N Nook sells out, too late for holiday orders
MOST SHARED
- Kuoni CEO Sees Recovery in Travel Sector
- Gold Retreats from Record High as Dollar Rebounds
- Dubai Struggles to Ease Debt Fears; Investors Rattled
- Chinese Overcapacity is Worsening, EU Chamber Warns
- Wal-Mart Price Pressure Hurts China Workers: Report
- Fannie Mae to Tighten Lending Standards: Report
- Great Britain, No Longer That Great: Investor
- The 'Real' Jobless Rate: 17.5% Of Workers Are Unemployed
- Euro Shares Record Biggest Drop in 7 Months
- Dubai Struggles to Ease Debt Fears; Investors Rattled
- US Companies Already Moving on Curbing Emissions
- Fannie Mae to Tighten Lending Standards: Report
- Investing in Good Karma – and Making a Profit
- Retailers Should Believe in Christmas Miracles
- Wal-Mart Price Pressure Hurts China Workers: Report
- Bankruptcies Jump, Hitting Highest Level in Four Years
- Steepest Black Friday Discounts, Revealed
- Where Do Pardoned Turkeys Go?
Text Size 
Apple is expected to launch a high-speed wireless version of iPhone in the second quarter and to produce as many as 8 million of the devices in the third quarter, according to Bank of America.
 |
AP An Apple retail store. |
] more than 2 percent after the prediction in a research report about the third-generation phone from Bank of America analyst Scott Craig. Shares in AT&T [T
Loading...
()
], the exclusive U.S. carrier for iPhone, were also higher on Friday. "Our latest channel checks point to a significant production build of a 3G iPhone beginning in the month of June after a initial small build in May," he said in a note to clients.
AT&T said last year that it expects to be able to sell a 3G version of iPhone in 2008, but it declined comment on specific launch dates on Friday.
Apple representative Jennifer Bowcock declined comment.
Craig said that now he expects production volume to be much higher than his previous estimates. He said Apple planned to build more than 3 million high-speed iPhones in May followed by more than 8 million in the third quarter of the year.
Craig, who had previously estimated 8 million iPhone units for the whole of 2008, said that was starting to look conservative unless some of the plans were pushed back.
Current Analysis analyst Avi Greengart said that Apple would likely bring out its high-speed iPhone in June around the time it is expected to launch an upgrade to iPhone software.
Apple has said it expects to have sold 10 million iPhones by the end of 2008. It said in January that it had sold more than 4 million iPhones since the phone was launched in June.
Print
Email
- For nearly three decades, these on-call experts have been dishing advice on how to – and not to – cook turkey.
- Ever wished your cab driver would stop nattering and just get to where you're going? Well that moment is near(er).
- Eric Schmidt pledges to create a virtual copy of the Iraq National Museum at Google’s expense.
- Bill Griffeth is taking a leave of absence from CNBC and Power Lunch for a year. Here's a message from Bill.
- More shoppers than ever plan to comparison-shop this season. Who will benefit?
- It may be the most unusual guide to business you'll read.
Data is a real-time snapshot *Data is delayed at least 15 minutes