Apple: The Street Weighs In on the iPhone 3G

It’s time for a roundup of the Street’s views on Apple’s (AAPL) launch yesterday of the new “zippy” iPhone 3G. The most surprising news was the price tag: at $199, the phone will be half the price of the comparable model of the first edition of the phone. The good news is that this should drive more units, maybe a LOT more units.

The stumbling blocks are the fact that basically no phones will be sold between now and the launch of 3G on July 11, and the fact that the company will no longer get an ongoing slice of carrier service revenues. Still, in general it seems like the right move if Apple wants to make the iPhone a mainstream device. Here’s a run down on some of this morning’s Street commentary on the news:

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About Voices

Along with original content and posts from across the Dow Jones network, this section of AllThingsD includes Must-Reads From Other Websites — pieces we’ve read, discussions we’ve followed, stuff we like. Six posts from external sites are included here each weekday, but we only run the headlines. We link to the original sites for the rest. These posts are explicitly labeled, so it’s clear that the content comes from other websites, and for clarity’s sake, all outside posts run against a pink background.

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