Apple's (AAPL) iPhone May Have Three Screen Sizes in 2014, Says Analyst

January 8, 2014 11:53 AM EST
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Apple's (NASDAQ: AAPL) iPhone may have three screen sizes in 2014, according to analyst Brian J. White of Cantor Fitzgerald, citing checks. Apple may launch the larger-sized smartphones at different times, he said.

"Our research checks yesterday suggest that Apple could unveil two larger iPhone screen sizes this year, a 4.7-inch and a 5.5-inch. Given Apple's pattern of keeping at least one older iPhone model alive, this would equate to a total of three iPhone screen sizes for consumers to choose from this year. Another incremental data point we uncovered yesterday was the notion that there would be a staggered launch of the two, larger-sized iPhones," said White.

"We felt this was an interesting insight because we believe there is urgency for Apple to unveil a larger sized iPhone (i.e., 4.7-inch) to catch up with the trend toward mega-sized smartphones in China and elsewhere in Asia, while a 5.5-inch iPhone could technically fall into the "phablet" category and be worthy of its own launch at a later date," added the analyst.

Cantor Fitzgerald has a Buy rating on Apple with a price target of $777.00

For an analyst ratings summary and ratings history on Apple click here. For more ratings news on Apple click here.

Shares of Apple closed at $540.04 yesterday.

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