iPhone Said To Be Finally Sprint, T-Mobile Bound

In the U.S. wireless market, AT&T and Verizon Wireless have a big advantage over rivals because they can sell Apples iPhone.

That may soon change. Apple could increase its market share by 30 percent by adding an iPhone that could run over the networks of Sprint and T-Mobile USA, said Chris Larsen, an analyst with Piper Jaffray, CNET reported.

While we remain uncertain regarding the next-generation iPhones specs and features, we believe the most noteworthy change could be the devices ability to run on more networks, specifically Sprint and T-Mobile in the U.S.,” the tech site quoted Larsen as writing in a research note.

Larsen said Sprint could benefit from increased growth and lower customer turnover.

Analysts on Wall Street have been prone to speculate over when Apple will release a new iPhone model or models and what such devices will feature.

By the time Apple makes a formal announcement, the news will be somewhat anticlimactic given the incessant gossip and conjecture over the iPhone one of the worlds most successful consumer electronics devices.

In its fiscal second quarter ending March 26, 2011, Apple sold 18.65 million iPhones, representing 113 percent unit growth over the year-ago quarter.

Apples investors wont have to wait long to find out how the iPhone has fared since the spring. The company is scheduled to conduct a conference call to discuss its third-quarter results on Tuesday, July 19.

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