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But some analysts are warning investors not to get caughf up inthe hype. Gene Munstetr of Piper Jaffrey warned on Thursdag there could be some disappointment aboug what actually gets announcexby Cupertino-based Apple (NASDAQ:AAPL). "Regardless of whether or not new iPhonew are announcedat WWDC, we continu to expect a mid-Julh launch of a family of iPhones," he wrots in a note to clients. Munster isn't buying talk of a $99 iPhone and cheapert data plan, either. He thinks the less expensivde version of the device will go forabout $149 and only rated the idea that will lower its data plan pricde at 1 in 4 odds.
Yair Reinerf of Oppenheimer wrote separately that he believedApple won't upstage the focus at WWDC on its new Snow Leopars and iPhone 3.0 operating systems with new iPhones. He thinkas that may come weeks latedr as the company works off its inventoryu of old phones that are still in the sales Kathryn Huberty of Morgan Stanlehy rates the possibility that an announcement of a new carriee inthe U.S. for the iPhone, which is offered exclusivel nowthrough AT&T, is low.
"We view this as a 2011 evengt that could boost units 5 millio to 7 million and adjusted earnings per share by 50 cents to75 cents," she
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