“In a note to investors on Thursday, Morgan Stanley analyst Katy Huberty, who recently met with Apple management, said the company could debut new internet-based services as well as a ‘killer app’ later this year,” Mikey Campbell reports for AppleInsider.
“In the near term, Huberty said Apple could make a surprise announcement at the upcoming Worldwide Developers Conference in June regarding a new type of internet service such as streaming music or a mobile payment system,” Campbell reports. “She went on to say that Apple Internet Software and Service chief Eddy Cue is believed to be working to improve existing services like iCloud and Maps, but at the same time is planning to launch new initiatives.”
Campbell reports, “As for the app, the analyst offers the example of mobile payments, an area into which Apple has already dipped a toe with Passbook. Such a new feature, Huberty argues, could help drive iPhone 5S sales in lieu of a design overhaul.”
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