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Analyst: Next gen iPhone will be LTE-enabled

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In a note to clients — as reported by “Barron’s” (http://macte.ch/avNAe) — Jefferies & Company Peter Misek says “the iPhone 5 will be LTE-enabled and that the subsidy reallocation will likely help rather than hurt Apple.”

He thinks the “bulk of subsidies” could go to handsets with LT with the result that “iPhone prices to the consumer could be lower than prices for mid-range Android devices and other handsets,” referring to Google‘s Android operating system for phones. Misek has a Buy rating on shares of Apple, and an US$800 price target.

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