Apple's (AAPL) Next iPhone Could Come in 8 Colors and Various Screen Sizes
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Rating Summary:
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Today's Overall Ratings:
Up: 13 | Down: 11 | New: 14
Rating Summary:
39 Buy, 25 Hold, 7 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 13 | Down: 11 | New: 14
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While Apple's (NASDAQ: AAPL) iPhone 5 hit the street just three short months ago, Wall Street is already speculating on the next iPhone. From the sounds of things, Apple fans will be given a whole host of options.
Topeka Capital's Brian White said checks are pointing to an expanded color line and screen sizes. The device - which he said will likely be named the iPhone 5S, NOT iPhone 6 - could launch in May/June with certain supply production starting in March/April.
"In terms of more colors, we believe the next iPhone will draw inspiration from the iPod touch that became available in multiple colors (beyond the traditional Black and White) for the first time this past October," White said. "These colors included pink, yellow, blue, white & silver, black & slate. Additionally, the color selection of the iPod nano expanded to include pink, yellow, blue, green, purple, silver and slate. Also, the iPod family participates in the "red" campaign with red-colored iPods." White believes the next iPhone could be available in eight colors in total. "In our view, the iPhone 5 unibody aluminum case is a work of art and we believe it would be even more popular with the ability for consumers to choose from a wide array of vibrant colors that only Apple can deliver. Eventually, we expect Apple to bring a wider array of colors to the iPad."
The analyst's checks also point to more choice in terms of screen size. Apple has never offered multiple screen sizes for a single model, but White believes this is about to change. "This eventually opens up the possibility for a lower-priced iPhone (i.e., iPhone mini) with a smaller screen size thatcould allow Apple to further penetrate markets such as China and open up opportunities in India." Also, the company could offer a larger screen size compared to the recently updated 4-inch screen on the iPhone.
While maintained his Buy rating and 'Street High' price target of $1,111.00
For an analyst ratings summary and ratings history on Apple click here. For more ratings news on Apple click here.
Shares of Apple are up 3 percent to $548.29.
Topeka Capital's Brian White said checks are pointing to an expanded color line and screen sizes. The device - which he said will likely be named the iPhone 5S, NOT iPhone 6 - could launch in May/June with certain supply production starting in March/April.
"In terms of more colors, we believe the next iPhone will draw inspiration from the iPod touch that became available in multiple colors (beyond the traditional Black and White) for the first time this past October," White said. "These colors included pink, yellow, blue, white & silver, black & slate. Additionally, the color selection of the iPod nano expanded to include pink, yellow, blue, green, purple, silver and slate. Also, the iPod family participates in the "red" campaign with red-colored iPods." White believes the next iPhone could be available in eight colors in total. "In our view, the iPhone 5 unibody aluminum case is a work of art and we believe it would be even more popular with the ability for consumers to choose from a wide array of vibrant colors that only Apple can deliver. Eventually, we expect Apple to bring a wider array of colors to the iPad."
The analyst's checks also point to more choice in terms of screen size. Apple has never offered multiple screen sizes for a single model, but White believes this is about to change. "This eventually opens up the possibility for a lower-priced iPhone (i.e., iPhone mini) with a smaller screen size thatcould allow Apple to further penetrate markets such as China and open up opportunities in India." Also, the company could offer a larger screen size compared to the recently updated 4-inch screen on the iPhone.
While maintained his Buy rating and 'Street High' price target of $1,111.00
For an analyst ratings summary and ratings history on Apple click here. For more ratings news on Apple click here.
Shares of Apple are up 3 percent to $548.29.
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