The iPhone 3GS, now almost three years old, may be sold as a prepaid device in some countries, according to one analyst.
Later this year, Apple will almost certainly release a successor to the iPhone 4S – possibly even an iPhone with a big new display and a rejiggered chassis. But hey, when the iPhone 5 finally hits, what will happen to all the iPhones of yore? Well, according to the team at tech blog Apple Insider, at least one old iPhone could get a second life in developing countries around the globe.
Jeffries analyst Peter Misek tells Apple Insider that Apple has signed a contract with "a leading distribution and logistics company," which would help Apple sell the iPhone 3GS as a prepaid device. The 3GS currently costs $375 without a contract, Apple notes. But Apple would mark down the device to between $250 and $300, potentially putting it within reach of a whole new market of consumers.