360° Coverage : KGI Securities Analyst Offers Predictions on iPhone 5S, Large...

1 Updates
iPhone 5S, Along with plastic iPhone and iPad 5, to arrive at Q3's end
Photo Credit: BGR

KGI Securities Analyst Offers Predictions on iPhone 5S, Large iPad, Plastic (or budget) iPhone, and iPad Mini 2

Jul 23 2013, 3:28pm CDT | by

Kuo, a reliable analyst, says that there will be no iPad Mini this year

  KGI Securities Ming-Chi Kuo is a reliable source when it comes to all things Apple, and he has had many predictions in the past that have turned out to be true. As always, he’s back with more...

Filed under: rumors

YouTube Videos

 
 
 

1 year ago

KGI Securities Analyst Offers Predictions on iPhone 5S, Large iPad, Plastic (or budget) iPhone, and iPad Mini 2

Jul 23 2013, 3:28pm CDT | by

Kuo, a reliable analyst, says that there will be no iPad Mini this year

 

KGI Securities Ming-Chi Kuo is a reliable source when it comes to all things Apple, and he has had many predictions in the past that have turned out to be true. As always, he’s back with more predictions for this Fall, and gives us insight into what Apple customers and fans can expect from our favorite fruit company

 

First on the list is the iPhone. He believes the iPhone will be dubbed the iPhone 5S and will emerge in September, although he believes late September is the time we can expect the next-generation iPhone. This means that Apple’s announcement will come some two weeks before Apple starts shipping its iPhone – implying that the company is somewhat behind in iPhone 5S production. The often-controversial rumor site DigiTimes has made claims that the increased screen size and fingerprint sensor may be to blame for slowed production, and Kuo agrees. The new components are posing a challenge to Apple and its manufacturers, as can be expected. iPhone 5S copies should improve in their numbers by October, in time for the Christmas season in December. 

 

Next on the list is the budget iPhone or plastic iPhone. According to Kuo, the budget or plastic iPhone is easier to manufacture and will be released in early September. Against Kuo’s predictions, however, Apple wants a net profit of some $250-$300 for the device, placing the price tag at $450-$550 without a contract agreement. The new prices for the plastic iPhone mimic iPad prices (a 16GB iPad 4 is currently $499, a 32GB iPad 4 is $599), but will benefit those who want more memory storage.

 

I think Apple is using the new plastic iPhone to bring customers into its retail stores. It will certainly benefit GSM carriers such as AT&T and T-Mobile, since users can pay more affordable prices than ever for great phone service. I have a contract with US Cellular, and pay nearly three times as much as my prepaid, T-Mobile service ($137-$150 vs. $50, respectively). 

 

The services that US Cellular charges you for individually (voice and texting at $87 + Wi-Fi hotspot at $50) are offered together with T-Mobile for $50 total. Even though I don’t have the Internet coverage with T-Mobile that I would like to have (I live on 2G EDGE), I can still use my voice and texting services and don’t need Internet that much when I travel. 

 

Keep in mind that the plastic or budget iPhone has the price range of unlocked smartphones (that is, phones that are not tied to one carrier). In an indirect sort of way, Apple is looking to bypass carriers with this new smartphone – since you would pay your entire phone price to Apple and not a cent to the carrier. 

 

At the same time, however, I think the asking price of $450-$550 is a little steep (although Apple prices its products in an expensive manner at times). The asking price should be no more than $400-$500 (maximum) for the price of the phone, so that customers can purchase protective cases and other accessories while in Apple stores. If Tim Cook wants to win over Apple customers and get them back into Apple retail, this may just be the way to do it. 

 

As for the large iPad, the iPad 5 will emerge this Fall, on schedule, and will mimic the iPad Mini’s appearance for its own. This means that there will be a slimmer edge-to-edge bezel than the current iPad 4 (which was slimmed down from its predecessor, the Retina iPad 3). 

 

Finally, there stands the iPad Mini. Just a few days ago, a report circulated the web that said LG Electronics had gotten on top of the Retina iPad Mini displays and would manufacture them for Apple’s announcement in October. Ming-Chi Kuo believes, however, that there will be no new iPad Mini produced later this year. The reason? Apple may choose to leave a non-retina iPad Mini on display to add to its current iPad Mini profits, while showering all its love on the large iPad. 

 

One problem last year pertained to the cannibalization of large iPad sales, the result of the more portable mini tablet. Since Apple investors have a very reserved confidence in Apple these days, the result of its stock price drop over the last year, Apple needs to market the large iPad so that it can garner an extra $170 on each large iPad over its smaller tablet brother

 

With that said, do not despair: Kuo believes Apple will launch two new iPad Minis next year, a Retina model and a non-Retina model (for those who do not care for Retina and would be content with a more affordable model). The non-Retina model will use the A5 chip that was used in the original iPad Mini, while the Retina model may receive the A5X chip that was used to build the large iPad 3 (the first large iPad to boast a Retina display). 

 

We do not know what Apple has to say about the matter, but Kuo has been right about many things in the past. 

 

What do you think? Can we expect an iPad Mini this year, or do you think we will have to wait until 2014? Let us know your thoughts in the comments below.

 

 

Don't miss ...

 

<a href="/latest_stories/all/all/22" rel="author">Deidre Richardson</a>
Deidre Richardson is a long-time Apple fan and reports passionate about the latest Apple news and rumors.

 

blog comments powered by Disqus

Latest stories

Instagram launches messaging app
New York, July 30 (IANS) Social network Instagram has launched its messaging app called Bolt which makes sending visuals easy. The easy to use app allows you to tap once to send a photo and long press to send a video.
 
 
Eating tree nuts daily prolongs life
Toronto, July 30 (IANS) Include at least 50 grams of almonds, cashews, chestnuts, walnuts or pistachios in your diet to control blood fats (triglycerides) and sugars - two of the five markers for metabolic syndrome.
 
 
Sweetened beverages can impair memory
New York, July 30 (IANS) Limit your sugar-sweetened beverage intake if you are a teenager. An alarming study shows that daily consumption of beverages can impair your ability to learn and remember.
 
 
Menu design can spoil diners' mood
New York, July 30 (IANS) If you have ordered the wrong food at a restaurant, do not blame yourself. Curse the menu instead.
 
 
 

Latest from the Network

Jessica Simpson wants to be thinner?
Jessica Simpson is allegedly eager to lose more weight. The Weight Watchers spokesperson, who lost 50 pounds before marrying Eric Johnson in Montecito, California earlier this month, is said to be determined to stick to...
Read more on Celebrity Balla
 
Chris Pratt's son brought him closer to Anna Faris
Chris Pratt says his premature baby boy brought him closer to his wife, Anna Faris. The 'Guardians of the Galaxy' star and the 37-year-old actress welcomed their son, Jack, into the world nine weeks early in August 2012...
Read more on Celebrity Balla
 
Drew Barrymore pays tribute to late half-sister
Drew Barrymore has paid tribute to her estranged older half-sister, who was found dead on Tuesday (07.29.14). The 39-year-old actress offered her sympathies to her extended family after Jessica Barrymore, whom she only...
Read more on Celebrity Balla
 
G7 warns Russia faces more sanctions
London, July 31 (IANS) The G7 leaders in a joint statement Wednesday said Russia will face further economic sanctions if it continued to support rebels in Ukraine. The warning came after the EU added eight more...
Read more on Politics Balla
 
Kim Kardashian slams Rob's ex-girlfriend
London, July 31 (IANS) Reality TV star Kim Kardashian has hit out at brother Rob Kardashian's ex-girlfriend Adrienne Bailon for bad mouthing her sibling. Talking to a Latina magazine, the actress-and-singer, who dated...
Read more on Celebrity Balla
 
Kohli's significant dinner date with Vaughan (Analysis)
Southampton, July 31 (IANS/RAY) Tuesday night, India batsman and vice-captain Virat Kohli had dinner with Michael Vaughan, former England captain, at a Brazilian restaurant in Southampton. This was revealed by the...
Read more on Sport Balla
 
Few Americans believe US winning fight against terror: Poll
Washington, July 31 (IANS) Belief that the US is winning the fight against terrorism has dropped to its lowest level in more than a decade of regular tracking, a poll has found. A new Rasmussen Reports national...
Read more on Politics Balla
 
Simon Cowell will be a great dad: Ex-girlfriend
Los Angeles, July 31 (IANS) Former Playboy model Carmen Electra says that her ex-boyfriend, Simon Cowell, will be a great father to his son Eric. The 54-year-old music mogul and his girlfriend, Lauren Silverman,...
Read more on Celebrity Balla
 
Reach out to others as friends: UN chief
United Nations, July 31 (IANS) UN Secretary-General Ban Ki- moon has called upon all to reach out to one another as friends and build long-term foundations for lasting peace in the time of mistrust and violence....
Read more on Politics Balla
 
When Rita Ora forgot her lines
Los Angeles, July 31 (IANS) Singer Rita Ora found acting "difficult" as she kept forgetting her lines while filming her scenes for the upcoming erotica "Fifty Shades of Grey". The 23-year-old singer, who is playing...
Read more on Celebrity Balla