“Interestingly, though there are already 4G phones on the market from numerous vendors, most if not all of which run Google’s ‘Android’ operating system, [Sterne Agee’s Shaw Wu] is looking forward to Apple’s (AAPL) introduction of an iPhone running LTE to be a key element this year,” Tiernan Ray reports for Barron’s.
The key reason for the excitement is that some believe and our supply chain checks indicate that this is the year where AAPL could have an iPhone with 4G LTE. Sure, HTC, Samsung, and Motorola have shipped smart phones with this technology but have been plagued with battery life issues, as well as spotty network coverage. In addition, none have been able to drive the same type of high volume and broad customer adoption that an iPhone with 4G LTE could have. – Sterne Agee analyst Shaw Wu
Ray reports, “Wu also has a Buy rating on shares of Apple.”
Read more in the full article here.
[Thanks to MacDailyNews Reader “Fred Mertz” for the heads up.]