Morgan Stanley Predicts iPhone 3G to Sell Well as Pay-As-You-Go Handset

Financial firm Morgan Stanley has announced that it believes the iPhone 3G could double its sales when the handset is released to the market later this year.

“We believe the market generally expects a doubling of iPhone units with the lower price point ($199) and we believe this is realistic, if not conservative,” Morgan Stanley said, predicting 27 million iPhone sales for 2009.

Meanwhile, competing firm Piper Jaffray announced that the iPhone 3G sales could account for 10% of sales. The firm anticipates 12.9 million units will be sold this year with another 45 million sold in 2009.

[Via Macworld UK]

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