New Apple (AAPL) iPhone Launch Is Imminent

May 12, 2008 1:26 PM EDT
Get Alerts AAPL Hot Sheet
Price: $295.63 --0%

Rating Summary:
    46 Buy, 28 Hold, 7 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 3 | Down: 7 | New: 15
Join SI Premium – FREE
Steve Jobs will deliver the keynote address at the World Wide Developers conference on June 9th. It is speculated that Mr. Jobs will utilize the speech to introduce Apple's (Nasdaq: AAPL) next-generation 3G iPhones.

In a report today, Piper Jaffray analyst, Gene Munster said, "The launch of the new model is imminent." Munster noted iPhones are unavailable at the online Apple Store in the US and UK. He also noted out of the 11 Apple retail stores his team checked, there were only 6 iPhones in stock. Munster did say that the new model in June would likely offset lower sales due to limited availability in May. [jt]

Receive Apple News Alerts On EasyStockAlerts.com.

You May Also Be Interested In





Related Categories

Analyst Comments, Corporate News, Insiders' Blog

Related Entities

Piper Jaffray