Here's What to Expect from Apple (AAPL) at WWDC 2012...
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Rating Summary:
39 Buy, 25 Hold, 7 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 6 | Down: 5 | New: 2
Rating Summary:
39 Buy, 25 Hold, 7 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 6 | Down: 5 | New: 2
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Sterne Agee's Shaw Wu provided a preview of what he expects from Apple (NASDAQ: AAPL) at WWDC 2012. CEO Tim Cook will headline a keynote on Monday, June 11, to kick off the event.
Wu said while there has been a lot of focus on potential new hardware including new Macs with HD retina displays, but he believes new iOS and OS X software features including enhanced Maps and photosharing could be the show-stealer.
On new greatly enhanced maps, Wu said industry sources suggest that the new Maps app will see a significant upgrade, namely 3D capability. It will be "radically different" from the existing Maps, he said. Apple believes it can deliver a much
better user experience in Maps and want to further differentiate itself.
Commenting on enhanced camera and photo apps, Wu said he is hearing from sources their will be a "notable upgrade." "Currently, one can use the Photo
Stream feature to share photos with iCloud. Many users still opt to use third-party
apps like Instagram. We hear the new apps will allow more powerful sharing
of photos," he said.
Wu also expects several Macs could see refreshes, namely, iMac, MacBook Pro, MacBook Air, and potentially Mac mini and Mac Pro. These will likely see upgrades to Intel's (Nasdaq: INTC) latest Ivy Bridge architecture. The other likely upgrade will be new HD retina displays, he said.
The analyst reiterated his Buy rating and $780 price target.
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 $577.73 yesterday.
Wu said while there has been a lot of focus on potential new hardware including new Macs with HD retina displays, but he believes new iOS and OS X software features including enhanced Maps and photosharing could be the show-stealer.
On new greatly enhanced maps, Wu said industry sources suggest that the new Maps app will see a significant upgrade, namely 3D capability. It will be "radically different" from the existing Maps, he said. Apple believes it can deliver a much
better user experience in Maps and want to further differentiate itself.
Commenting on enhanced camera and photo apps, Wu said he is hearing from sources their will be a "notable upgrade." "Currently, one can use the Photo
Stream feature to share photos with iCloud. Many users still opt to use third-party
apps like Instagram. We hear the new apps will allow more powerful sharing
of photos," he said.
Wu also expects several Macs could see refreshes, namely, iMac, MacBook Pro, MacBook Air, and potentially Mac mini and Mac Pro. These will likely see upgrades to Intel's (Nasdaq: INTC) latest Ivy Bridge architecture. The other likely upgrade will be new HD retina displays, he said.
The analyst reiterated his Buy rating and $780 price target.
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 $577.73 yesterday.
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