“Now that Apple Inc. has completed its first stock split in more than nine years, a move that comes fresh on the heels of the biggest acquisition in its history, attention has shifted to the next big thing to boost interest in the company from an investment standpoint,” Rex Crum reports for MarketWatch.
“And the view from Wall Street should come as no surprise to anyone who has followed Apple at any time in recent years,” Crum reports. “‘It’s all about products,” said Gene Munster, of Piper Jaffray. ‘WWDC [Apple’s developers conference] last week was essentially laying the groundwork for the back half of the year.’ Munster said what many analysts that follow Apple believe: the company is setting itself up for a busy rest of the year, which could include the launch of long-awaited devices such as an Apple-branded television, a so-called iWatch and something in the arena of digital payments.”
MacDailyNews Take: Gene really wants an Apple television. Gene, if you haven’t done this already, go buy a TV – not a Samsung, for Jobs’ sake! – then take one of your Apple stickers and stick it over the logo on the TV.
“Apple Chief Executive Tim Cook has said this year that the company is going to branch out into new product areas,” Crum reports. “Now that the stock split is done, and Apple’s share are arguably more affordable to the average investor, the pressure will be on the company to deliver on the promise of new products, as well as the likely release of the iPhone 6 and, possibly, new versions of the iPad and Mac desktop[s] and [notebooks].”
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