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Apple’s heavily promoted iPhone ended 2007 as what one analyst calls the fastest-growing consumer electronics product ever. And research analysts expect sales to top Apple’s projections for 2008.

But don’t look for a new model early that year, analysts say.

Apple historically makes new-product announcements at the Macworld

conference, scheduled that year for Jan. 14. Many fans are looking for Apple CEO Steve Jobs to introduce a possibly smaller iPhone.

Independent analyst Richard Doherty of the Envisioneering Group believes upgrades will be offered for the existing iPhone, including access to a faster Net network and an improved battery.

Apple declined to comment.

While the iPhone received rave reviews for its style and functionality, critics complained […]

Orginal post by Top Tech News