“Credit Suisse’s Deepak Sitaraman today reiterates an Outperform rating on shares of Apple (AAPL) and a $500 price target, writing that his recent trip through Asia, and talks with those in the ‘supply chain,’ confined to him that Apple’s iPhone’s share of smartphone sales is rising and will reach 21% in 2012, from 18% in 2011, globally,” Tiernan Ray reports for Barron’s.
“Sitaraman is modeling 133 million iPhone units to be shipped in calendar 2012, up from what he estimates was 86 million last year, with ‘mix’ of models ‘skewed to the higher end 4S.'” Ray reports. “His checks suggest an iPhone 5 introduction will come in Q3 of this year.”
Read more in the full article here.
Resistance is futile… You will be assimilated!
I’m Mr. Sitaraman is a pretty bright person, but his estimates for calendar 2012 about 70 million low.
Q3??? The sooth sayer speaks with magic eye. From whence doth he bring such insights? As if he can see through the mysts of time…
He has a subscription to DigiTimes.
Ha – it is I who sees through the mist with clarity
for the MacBook Air is our newest to share…
a iPadPro not so quite,
yet a tablet running Lion with all its might.
iOS 6, A6, iPhone 6 (or iPhone 4G); Apple never named anything with a plain number that would not reflect actual order or appearance, so no iPhone 5.
I wonder what happens if it turns out to be just an iPhone 4GS (or iPhone 4SG). Hmm, I think the world would dissolve.
I do not believe that Apple is going to skip iPhone 5 and jump directly to iPhone 6 just to satisfy your theory. At some point there will be an iPhone 5, and it won’t be the fifth iPhone model, either.
iPhone 5 was already released last autumn, though Apple decided not to use the name.
“…confined to him” I believe that should be “confirmed to him.” FWIW, yadda yadda…
“writing that his recent trip through Asia, and talks with those in the ‘supply chain,’ confined to him that Apple’s iPhone’s share of…”
Confined? Or confided?! Which is the correct verbiage?
SO early even before all the rumours ???
Cool man !
RAISE IT – RAISE IT – all hale APPLE.
Pretty sure you mean “hail”, if you mean praise.
It’s not “confined” or “confided”. It should be “confirmed” for him…
If there’s so many potential sales for Apple’s iPhone, why does the P/E multiple continue to shrink faster than ever and why do these so-called investors continually claim that Apple’s future growth potential is so limited. By selling products to both corporate users, possibly schools/students and further growth in China, one would certainly think that Apple still has plenty of room to grow. Apple does seem like its also capable of taking back smartphone market share from Android, so why is Apple being so disrespected on Wall Street. It really doesn’t make a heck of a lot of sense.