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3G iPhone Update; Rumors Of 10 Million Orders May Not Be True

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Tricia Duryee
mocoNews.net
Friday, March 28, 2008; 2:00 PM

Taiwan's Hon Hai Precision, which also goes by the name of Foxconn, has secured an exclusive contract with Apple (NSDQ: AAPL) to assemble a new iPhone, an unnamed person familiar with the situation told Dow Jones Newswires today. The report comes a couple days after a Gartner analyst had reportedly heard that Apple had placed an order for 10 million 3G iPhones, but coincidentally, reports today are now saying those statements were misunderstood.

Dow Jones (NYSE: NWS) reported that a Hon Hai official, who declined to be named, told them that the company was in talks with Apple for the supply of a "more advanced version" of the current iPhone, but provided no further details. The more advanced version of the iPhone is likely one that comes with the faster 3G chip inside, which some analysts speculate could come out as early as May.

This week, the iPod Observer reported that Gartner analyst Ken Dulaney heard Apple may have ordered 10 million iPhones that support 3G networks. InfoWorld reported today the comments were misinterpreted Dulaney's boss, Bob Hafner, said. To clarify, Hafner said they do believe the next version of the phone will be 3G, but "we have not got confirmation that an order had been placed."

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