“Gene Munster of Piper Jaffray issued a note to investors on Tuesday, aimed at calming some concern on the part of investors over Apple’s next product cycle. He believes the next year will set the stage for bigger changes in Apple’s lineup,” Neil Hughes reports for AppleInsider. “Most notably, he expects Apple will launch a television set in time for the holiday 2013 shopping season. He expects the product to be priced between $1,500 and $2,000, with screen sizes between 42 and 55 inches.”
Hughes reports, “But before a television set, Munster expects Apple to hold an event around March of next year to launch a new radio service to compete with Pandora… Munster believes that any new service would be accompanied by a new product launch. He believes the most likely product update for early 2013 could be an iPad mini with a high-resolution Retina display…. As for the third major product launch event in 2013, Munster believes Apple will introduce its next iPhone around September. He expects a so-called ‘iPhone 5S’ that would be a ‘modest upgrade’ from the current iPhone 5, with a faster processor, more RAM and a better camera.”
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