JP Morgan Analyst Calls for 2 New iPhones Next Month
Echoing the rumor-steeped sentiment found across the tech sphere, a new research note from J.P. Morgan analyst Mark Moskowitz calls for two - yes, two - new iPhones next month.
The two projected iPhones would include the long-awaited 5th generation iPhone (presumably dubbed the iPhone 5 or iPhone 4S) and a slightly-improved or revamped iPhone 4, which would be a lower-end model relative to the iPhone 5 and largely designed to make a splash in Asia where Apple looks to rapidly grow its market share percentage.
“A device targeting China could add to Apple’s super growth rates recently exhibited in the region,” Moskowitz told his company's clients. According to a summary of the research note highlighted in the Financial Post, J.P.Morgan’s research "suggests the iPhone 5 will be based on a lighter, thinner form factor that is GSM and CDMA capable."
Simply put, we're looking at a “world-mode” iPhone, but not one that is LTE-capable. Additionally, Moskowitz projects a larger retina display coming to the iPhone 5 along with an 8 megapixel camera with LED flash.
The prospect of a dual-iPhone launch this fall could prove a “a big bang” for the value of Apple stock, Moskowitz claims. In recent days, hype and speculation surrounding Apple's October launch plans have driven shares of Apple back toward all-time record highs. On Monday morning, shares of Apple breached the $410 mark for the first time since Steve Jobs resigned as CEO of the company.
Source: The Financial Post