No New Product Lines for Apple in 2011, Says Munster
In 2010, Apple's (arguably) most successful product release was its touchscreen tablet dubbed the iPad, which effectively launched a new tablet marketplace for consumers that, before the end of 2011, will be teeming with similar competing products from other major names in the tech world.
On Monday, however, Piper Jaffray analyst Gene Munster predicted that 2011 will likely not bring with it any new product line introductions from the Cupertino-based tech giant. Rather than plunging head first into yet another product category - or inventing one - Apple will, instead, most likely concentrate its efforts and capital reserves on tweaking, improving, and marketing its current line of products, especially those which will be refreshed in the coming months (most likely the iPad and iPhone).
According to Munster, there's a 95% probability that we will see a Verizon-compatible CDMA iPhone by Spring 2011. Also on tap for this summer says Munster is a fifth-generation iPhone with long-awaited near-field communication technology. These offerings will probably be capped off by the introduction of a new iPod touch with similar bells and whistles before the year ends. Munster adds that there's a 90% chance of Apple finally rolling out a cloud-based iTunes service this year and an 80% chance that the iPad will be offered with subsidies from wireless carriers.
With regard to Apple TV's future, Munster thinks the company has much bigger plans across a much wider timeframe. "While Apple's commitment to the living room remains a 'hobby,' we continue to believe the company will enter the TV market with a full focus, as an all-in-one Apple television could move the needle when connected TVs proliferate," Munster says.