Apple pre-paid iPhone based on the 3GS model

Apple Is getting ready to release their new pre-paid iPhone based on the 3GS model operating as a private-label MVNO. Opening up prepaid will create a massive new market opportunity for Apple in a market that is underserved by smart-phone manufacturers.

Apple has already signed an agreement with a major global distributor and retailers who will drive ways to penetrate the new pre-paid iPhone into domestic and developing markets. The new prepaid iPhone will be priced (at the wholesale level) in the $200 to $250 range, down considerably from the current average wholesale of $375.