Goldman Sachs analysts claim Apple will introduce two iPhone revisions in 2008 and a new Apple TV.
Among them is a second-generation iPhone currently in the "final design phase," the analyst said. The handset is expected to "have a similar form factor as the current version although it could have a different look and will probably include 3G capability."
Bailey estimates that the next-gen iPhone will launch sometime during the second half of the year, but also believes the company will tie over consumers with "a smaller upgrade with more flash memory earlier in the year."
Meanwhile, the analyst's Asian contacts have also led him to believe that "Apple will be making changes to Apple TV" sometime in the second half of 2008 "which could include an LCD display."
"Apple will refresh its entire Mac line-up throughout 2008, but information about the potential launch of a subnotebook was scarce, with one supplier saying that the product may be pushed out, citing possible design issues," he added.