Apple's Next-Generation iPhone

It is deeply impressive how many things Apple got right and the new Apple iPhone is not an exemption, and with new great features embedded in the Apple's Killer iPhone the company expects to drive rapid growth in the industry which will make the iPhone more attractive to customers and thereby bringing in even more users.

The Apple's next-generation iPhone contains a host of new features, including the capability for broadband speed, GPS navigation, and corporate email access. Apple also confirmed the rumor that a version of the new phone will carry a $200 price tag, so it should penetrate deeper into the mass market.

However, investors said that there is more that meet the eyes about the iPhone, first is the news that exclusive U.S. partner AT&T and Apple will no longer share subscriber revenues on the new iPhone. In exchange, AT&T will subsidize the cost of the device to hit the retail offering price, which actually comes in at $199. AT&T anticipates that this move will affect earnings per share by $0.10 to $0.12 this year and next, but it expects to make more money in the long run, because iPhone users spend almost twice as much as the average AT&T user does.

The other important point is that the iPhone will now compete more evenly in the global smartphone space. With a subsidized price and broadband speed, the iPhone will be more attractive stacked up against the latest Nokia () handset or Research In Motion BlackBerry. This appeal, combined with a footprint of more than 70 countries, gives Apple a real shot at hitting 10 million iPhone sales this year. And if Jobs really can get China Mobile and a top Russian operator such as Mobile TeleSystems () or VimpelCom on board as well, look out.