Oct 11 2013, 4:32am CDT | by Bijon Kumar Pramanik
It did not take very long for new Apple rumors appear in circulation. As Forbes reports, Zach Epstein from BGR made a report about a certain research note from Peter Misek, an analyst at Jefferies & Co, to investors. It stated that he is raising is hold rating for Apple from a $450 target to $600. The reason being a larger iPhone.
Apple has always left the making of phablets up to Samsung, quite firmly resisting entering this area of the market, but some expect that that may very well soon change. The reasons Apple phablets have yet to appear remains unclear. It could be because of some manufacturing difficulty or a resistance to imitating Samsung. However, Misek is of the expert opinion that the September 2014 launch of the iPhone 6 will reveal a new 4.8” touchscreen.
Egging on Misek’s belief is his notice of the fact that about half of all smartphones shipped in Q2 of 2013 came complete with screens bigger than iPhones’ signature 4”. This is compiled with his observation of relatively weak sales for the newest iPhone models, which he projects will conclude with a bigger upgrade when the iPhone 6 rolls out next year.
Misek thinks a larger screen size would be a smart strategic move on the part of Apple, as it could boost sales for 2014 and 2015, counting in the 85 million upgrade eligible iPhones along with the 5 to 10 million who passed on joining in the iPhone 5C/5S cycle. However, things might not be so beneficial for developers, who had to rush to upgrade apps for the iOS 7 upgrade and would possibly be thrown into a panic to accommodate a larger iPhone screen size.
Bijon Kumar Pramanik
Bijon Kumar Pramanik is an experienced technology writer working since years in the consumer electronics field.
blog comments powered by Disqus