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While the iPhone sales must have pleased the management at Apple and surpassed analyst’s expectations, some believe it could have done better. Despite the new iPhone selling off at half the price of its predecessor the sales could have been better had it cost lesser. Kathryn Huberty from Morgan Stanley said that as many as 46% of respondents found its price to be a barrier. This added with a couple of reasons would bring down the phone’s sales in 2009 to 14 million from the 19 million she had earlier anticipated. So what exactly should be the right price for the iPhone? $150? How about the carrier, AT&T brought down its charges as well?

She also thinks if Apple and AT&T implement the price reductions, the Apple may sell as many as 39 million phones in the next year. Sounds pretty alluring for both and I guess the idea should be to reach the maximum people and grip the market from the roots before competitors start coming in cheap and more loaded.