Mike Elgan of Computerworld is predicting a new iPhone this summer. Elgan cites the amazing but less than expected iPhone sales numbers released by Apple as one of the reasons why iPhone 2.0 is inevitable this summer or fall at the latest.

“The only way Apple could possibly feel “confident” of reaching 10 million units by the end of 2008 is if the company were to sell more iPhones during next year’s holiday season than it did during the 2007 season. And the only way to do that is to sell to existing users. And the only way to do that is to come out with a new iPhone.”

This may very well be the strategy that Apple is planning. But are iPhone users ready to pony up for a new model? Despite the current gripes by existing iPhone owners for the lack of 3G, true GPS, software flexibility, and Outlook support, will those same people be prepared to pay for another iPhone only half way through their 2-year contract?

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