MacBlogz has learned through an unconfirmed source that a possible red iPhone 3G may be slated for a holiday release in attempts to boost sales.

With the iPhone 3G’s recent transition to a plastic casing, it would not seem difficult for Apple to add colors as they wish. The festive colored iPhone 3G would also serve as a (PRODUCT) RED offering, which donates a percentage of profits to anti-retroviral medicine to help fight HIV/AIDS in Africa.

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