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05-08-2013, 12:01 PM #1
Morgan Stanley Analyst: Multiple iPhone Models Coming This Summer
A prominent Morgan Stanley analyst said this week that Apple will likely build more than one new iPhone model this summer.
In recent weeks, ample chatter originating everywhere from the Asian supply chain to the high-rise offices of Wall Street tech analysts points to the launch of multiple iPhone models in June or July.
This morning, Morgan Stanley's Katy Huberty shared some insight that she gained during her recent trip to China.
- After a slow start, iPhone 5 is now on track to meet carrier volume expectations.
- iPhone 4 price cuts could stimulate incremental demand near-term.
- Carriers see the opportunity for Apple to expand market coverage with 5-inch and lower-priced iPhones over time.
- TD-LTE licenses, and related phone launches, are expected by year-end.
Huberty anticipates the high-end iPhone 5S to launch in conjunction with or shortly before the long-rumored low-end iPhone finally arrives.