One J.P. Morgan report, according to FinancialPost, claims Apple is planning on releasing two separate iPhone models in the near future. One will reportedly be the highly anticipated iPhone 5. The other is assumed to be an inexpensive handset built for the masses – the iPhone 4S.
The latter will re-use most of the components found in today’s iPhone 4, replacing the $99 iPhone 3GS as the entry level Apple smartphone. Offering minor improvements, the iPhone 4S is expected to cater to low income markets, especially China. According to J.P. Morgan analyst Mark Moskowitz, “a device targeting China could add to Apple’s super growth rates recently exhibited in the region.”
Regarding the awaited iPhone 5, Moskowitz wrote…
The new iPhone 5 stands to be based on the iPad 2?s A5 processor or a newer A6 version. We also expect 1GB of RAM to increase memory access times. Other improvements are increased battery life due to advancement in battery technologies, the printed circuit board (PCB), the touch screen, and LCD power consumption metrics.
The device is basically expected to be a more compact, lightweight iPhone. The report also mentioned an 8MP camera and a substantially larger display.