AppleInsider is reporting that a research note by Rebecca Runkle of Morgan Stanley, "said she is high in her convictions that Apple will launch an iPhone device in the first half of 2007 and offered some specific findings from unnamed sources."
"While we view the supplier list, build forecast and exact launch timing as dynamic over the next month, our recent supply chain conversations give us high conviction in a [first half 2007] iPhone launch," she wrote. "We expect Steve Jobs to announce the iPhone at Macworld or in a separate event early next year.
The analysts says her sources reckon two versions of the iPhone will be available, a 4GB model priced at $599 and a 8GB model priced at $649.
According to the Morgan Stanley analyst the phone will sport a "full screen LCD; 3.5 inch (28x21)", with a virtual click-wheel/soft touch design, the phone will be a bit wider than an iPod nano but thinner than an iPod video.
The iPhone could also come in "multiple colors including black, white, silver and possibly others."