“Tim Cook finally gets his chance to stride out from under Steve Jobs’ shadow, and he could not have picked a better time or device to mark his unofficial debut as Apple Inc’s CEO,” Poornima Gupta reports for Reuters.
“The latest generation of the iPhone — still the smartphone industry’s gold standard after four years — is expected to see the light of day this Tuesday, just in time for the holidays,” Gupta reports. “Even in a dismal economy, consumers should again line up in droves for a souped-up device that also marks Cook’s first major product launch since taking over from Jobs in August.”
“The so-called iPhone 5 is widely expected to have a bigger touchscreen and faster processor than the current iPhone 4, which helped the company stay a step ahead of rivals in an increasingly competitive smartphone market,” Gupta reports. “Its challenge will be to “wow” consumers with yet more game-changing innovations and top itself. The aging iPhone 4 is still an unqualified blockbuster: with more than 20 million sold in the third quarter that ended June 25 alone, it is likely to become the world’s top-selling smartphone.”
Gupta reports, “Some investors and analysts expect another version of the iPhone 4 to be launched along with the next-generation model. ‘We also expect the announcement of a lower-priced iPhone that will basically be a lower-cost 3GS,’ Jefferies & Co analyst Peter Misek said, referring to the event.”
Read more in the full article here.
[Thanks to MacDailyNews Reader “Lynn Weiler” for the heads up.]