"3G unleashes the iPhone's high-res screen, multi-touch interface, full-featured browser and media experiences, " Abramsky wrote in a note to investors Monday.

FORBES: How Apple Will Sell 10 Million iPhones

The major themes of its new line of phones are an emphasis on social networking and media-sharing among a younger target audience, an easy-to-use multi-touch interface and cloud-based infrastructure that the Kin phones automatically uploads and syncs content to, for access on the wider Web and beyond.

FORBES: Microsoft Targets Social Teens With New 'Kin' Phones