New Apple (AAPL) iPhone Launch Is Imminent
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Rating Summary:
46 Buy, 28 Hold, 7 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 3 | Down: 7 | New: 15
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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]
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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]
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