“Apple’s growth next year and beyond is expected to be driven by a redesigned iPhone, as well as a potential expansion of the iPad lineup into both lower and higher price points, according to a new analysis,” Neil Hughes reports for AppleInsider.
Gene Munster with Piper Jaffray said in a note to investors on Wednesday that because Apple did not redesign any major hardware products in 2011, he believes significant changes could arrive in 2012. Chief among those would be a redesigned “iPhone 5,” which he predicts will debut in mid-2012,” Hughes reports. “The launch of a so-called ‘iPhone 5’ in 2012 would set the stage for outperformance in 2013, in Munster’s eyes. He offered two scenarios for Apple’s products in 2013: a ‘base case’ and a ‘bull case.'”
Hughes reports, “In his base estimate, Munster sees Apple selling 142 million iPhone units, good for an 18 percent increase in revenue. In the bull case scenario, Apple sells 162 million iPhone units throughout 2013, amounting to a 35 percent increase in revenue.”
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