“Wedbush Securities’s Scott Sutherland today reiterates an Outperform rating on shares of Apple and adds it to the Best Ideas list, while raising his price target to $530 from $510, after raising his estimates for the iPhone and the iPad and predicting continued dominance by Apple in the ‘connected devices’ market,” Tiernan Ray reports for Barron’s.
“Sutherland expects the newest iPhone to debut in October, along with “an iPhone targeting emerging markets and an LTE iPhone in 2012 with a “materially improved user interface,” without explaining any further,” Ray reports. “The iPad’s competitors, moreover, will continue to struggle, he writes.”
Ray reports, “Sutherland raised his estimates for fiscal 2012 to $136 billion in revenue and $32.51 per share in EPS, up from $126.8 billion and $29.13 per share.”
Read more in the full article here.
What, pray tell, is a “materially improved user interface,”? Where do these analysts get this stuff? I guess if you actively read a thesaurus, you too can become and anal-yst. Ugh…
By then Apple will have completed their purchase of webOS…..;-)
“materially improved user interface”?!?
This guy’s a moron who’s pulling things out of his *ss to get hits. the “materially improved user interface” is iOS5, which will be released very soon (2011, not 2012).
So what’s the delay in the iPhone 5? iCloud. Apple wants everything with iCloud to be perfectly in place and fully operational before iOS 5 and iPhone 5 (which has iCloud built-in due to iOS 5) are released. No more MobileMe blunders. So Apple is waiting until everything is juuust right.
That’s what I think, too. Let’s hope we’re right.
Anal•ism – Disease common to certain journalists, and has-beens. Early symptoms cause the sufferer’s foot to be repeatedly planted firmly in their mouth and also for the sufferer to speak or write at length unintelligibly about the future. As the disease progresses, curvature of the spine ultimately causes the victim’s head to be forced up their butt. In worst cases, severe knee damage can occur as a result of the head-lodging happening while te foot is still stuck in the mouth.
He is right, 2 models. The 16 gb and the 32 gb. There are zero pics of an iPhone with a screen bigger than 3.5″. Apple would have probably had a intentional leak in the form of a picture by now of an increased screen size. All we saw were iPhone 5 cases, and that was half a year ago. This iPhone is an upgraded iPhone 4.
The idiot analysts don’t even know what’s coming out in a few weeks. One slightly improved iPhone 4…. No two, iP5 and iP4….. No, just one. But, they know what’s coming in 2012. LOL
If Apple stick with a paltry 32Gb this time around then I’m glad I’m forced to wait for the iPhone 6. I’ve got 1.6Gb tied up in Ordnance Survey maps on one app alone, another has around the same, then there’s CoPilot, all my books and I don’t know how many gig of music. And please, don’t any idiots start whittering on about how I can put it all in the Cloud, iCloud isn’t about streaming, Apple are only too aware of the caps networks have crippled data allowances with, quite apart from the fact that cloud-based mapping is fucked when you’re out in the middle of nowhere with zero connection, or Edge at best. Dumb-ass know-nothing city boys should know that the only mapping worth having is stored on the devise.
More storage space would be nice.
Actually, there was talk about a future redo of iOS that was circulating approx 6 months ago, so maybe he is onto something…not sure.
Simply… A voice interface…
The next iPhones will not support 4G? Apple’s sluggish adoption of established protocols irritates me! This is the price of no viable competition! Sigh!