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iPhone 3GS will be Free With Contract Once iPhone 5 is Released?

RBC Capital Markets General Manager Mike Abramsky believes Apple will make the iPhone 3GS available at $0 with contract once the iPhone 5 is released, reports BGR.
In a note to investors on Wednesday, RBC Capital Markets General Manager Mike Abramsky claims Apple is expected to finally offer the phone for free in an effort to aggressively attack mid-market smartphone buyers and counter Android’s momentum. Abramsky sees this move more than doubling Apple’s global addressable market to 150 million smartphones, up from 64 million, and it will drastically accelerate Apple’s growth outside North America.
Recent rumors have suggested that Apple may release two devices this fall. With one of them being a lower priced device to dramatically expand its total addressable market and market share.
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