toggle

AAPL Stock: 97.51 ( + 2.79 )

Printed from http://www.macnn.com

Piper Jaffray expects 3G iPhone mid-June

updated 11:05 am EDT, Mon May 12, 2008

Piper Jaffray on 3G iPhone

Investment firm Piper Jaffray on Monday released a note saying it expects a 3G iPhone by mid-June, based on an almost complete drought of current generation iPhone stock. The note mentions that out of 11 US stores, only six had stock of the iPhone, five of which had more than five units. The lack of stock is also reflected in the UK, with O2 saying the device is unavailable, while the US Apple Store changed availability to "Currently Unavailable".

Senior analyst Gene Munster also notes the widely circulated rumors that the new iPhone will feature a new black design, as well as the new iPhone operating system, SDK, and App Store.

Piper Jaffray also says that despite a slowdown in May - due to unavailability - would be offset in June as the new model ships. Munster maintains that Apple will see 1.7 million units sold for the June quarter.




by MacNN Staff

POST TOOLS:

TAGS :

toggle

Comments

Login Here

Not a member of the MacNN forums? Register now for free.

toggle

Network Headlines

toggle

Most Popular

MacNN Sponsor

Recent Reviews

D-Link Wi-Fi Smart Plug

Home automation fans have been getting their fair share of gadgets and accessories in the last few years. Starting with light bulbs, a ...

Razer Kraken Pro headset

Gaming headphones are a challenge to get right, for a long list of reasons that are unique to the consumer buying them. Some shoppers ...

Patriot Aero Wireless Mobile Drive

Regardless of how large a tablet you buy, you always want more space. There's always one more movie or another album you'd cram on, ...

toggle

Most Commented