Apple Inc. (NASDAQ:AAPL) is been said to have sent
invites to media members for a September 12 event with the shadow of the number
"5," signaling the event "May" be for the introduction of widely expected iPhone 5.
The new iPhone is expected to be
September
go on sale 9 days later, which will allow the Company to sell 8 million iPhone 5s before
the end of the quarter, assuming no supply Issues. In such a case, the
Company’s September quarter revenue will beat Street estimates of $35 billion
by 8% and the current EPS estimate of $8.46 by 12%.
What
To Expect From iPhone5? Find Out Here
The new iPhone5 is expected to be 4G LTE capable
with faster processors & more DRAM to take advantage of iOS 6 software
improvements. There had also been news and speculations of the new iPhone being
sleek than the previous versions and will be boasting a larger screen,
enhancements to Siri. The San Francisco launch is also expected to unveil the
new feature of FaceTime over cellular networks with various data plans.
Apple had reportedly been developing a slimmer
design as the major upgrade to its iPhone family with an in-cell touch screens
for the iPhone 5 from suppliers like Japan Display, LG Display and Sharp. But,
the key issues to the quarterly sell through will be resolving production
challenges on in-cell – particularly at Sharp who really needs to ramp
production in September to help Apple meet demand.
The sudden shift in the iPhone5 launch event from
October to September might be attributable to the launches made by competitors
Samsung and Nokia. Despite Samsung’s losses on certain devices within its
ongoing US patent litigation with Apple, the company introduced a range of new
devices on August 29th at IFA in Berlin. First, Samsung announced new PCs,
tablets and smartphones compatible with Windows 8 under the “ATIV” brand. Nokia
launches two of its Lumia phone on September 5.
Recent reports suggest the iPad Mini won't be announced until October.
Recent reports suggest the iPad Mini won't be announced until October.
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