Gene Munster, an analyst at Piper Jaffray Cos., talks about the outlook for the release of Apple Inc.’s next iPhone.
Munster believes that Apple’s next-gen iPhone will debut in October for the Christmas shopping season with 4G LTE (using Qualcomm’s 28nm chip, due to ship in quantity ion late 2012).
Munster says that the next-gen iPhone will be “the mother of all upgrades” and “there’s going to be lines around shopping malls to get this.”
Munster’s AAPL price target is $1000.
He speaks with Jon Erlichman on Bloomberg Television’s “Bloomberg West.”
Source: Bloomberg
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Naysayers? Anyone?
One Small Step For Apple.
One Giant Leap For Mankind.
If Apple comes out with “less conservative guidance” at the earnings report, I’d guess the stock will go right back to $640+ New iPhones, new Macbooks, more iPads, China Mobile, crappy Nokia WinPhone – a lot of factors in Apple’s favor these days.
Video……..?????!!!!!
Oh, I like this Gene Munster and his strategy, I like it a lot.
May the LTE band(s) be useful for other than just the Americans and Canadians.
Show us Scandinavians/Europeans/Australians etc som mercy good………Jobs!
In short:
no new body design
no “iphone 5” name
no liquidmetal frame
No idea.
Exactly: there are no analysts that would predict accurately. Munster, too.
$1000? All I want/need is AAPL=$750 by Dec 31.
Me too
MarketWatch says AAPL is in correction mode and going to $525. Article in Apple stockticker app.
At $525 I buy more!