Upcoming Apple Products: Gene Munster Discussing the Possibility of a Low-Cost Apple iPhone

Upcoming Apple Products: When it comes to discussing the latest news and rumors regarding Apple Inc. (NASDAQ:AAPL), Piper Jaffray analyst Gene Munster always has something exciting and insightful to bring to the table.

Earlier today, we posted an article – Gene Munster Predicts New Apple Inc. Products for 2013 – with Munster giving some insight on what the new year may bring for the tech giant.

With rumors swirling about the possible addition of a low-cost Apple Inc. (NASDAQ:AAPL) iPhone, it is only natural for Munster to get in on the action.

Apple Inc. (AAPL), iPhone 5Apple Inc. (NASDAQ:AAPL) Press Info

And that is exactly what he did earlier today in a note to investors, as published by AppleInsider:

“We believe that the high-end smartphone market (above $400 USD off contract) for [calendar year 2013] will be about 320 million units, of which we believe Apple will capture 50% market share.”

“We believe this means Apple is missing the other 65% of the market, or 580 million units, given its current product lineup without the lower priced phone.”

Take a closer look at what he is saying. Munster believes that Apple is currently leaving a lot of money on the table due to the lack of a lower priced option.

What about reduced margins that would accompany a low end iPhone? Is this something Munster is concerned with? Not exactly:

“We believe the opportunity for Apple is too large to miss, as the low end market is growing significantly faster than the high end smartphone market.”

The ball is in Apple Inc. (NASDAQ:AAPL)’s court, and as of right now nobody really knows what is going to happen next. If you believe what Munster says, the opportunity is too good for Apple to pass by. The low end market is growing fast, and if they want to get in on the action they must release a low-cost iPhone – especially in emerging markets.

Do you agree with Munster’s thoughts on a potential low-cost iPhone from Apple Inc. (NASDAQ:AAPL)? Or do you think this is a mistake the company will end up regretting?

Check back here for more updates on Upcoming Apple Products.

DISCLOSURE: I have no positions in any stock mentioned.

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