toggle

AAPL Stock: 112.54 ( -0.38 )

Printed from http://www.macnn.com

Morgan Stanley: Multiple iPhones starting production in June/July

updated 09:31 am EDT, Wed May 8, 2013

September launch forecast

Multiple new iPhones should begin production in June or July, says Morgan Stanley analyst Katy Huberty in a new memo. The claim is based on meetings with suppliers in Hong Kong and Taiwan. She predicts that the new phones will launch in September; production starting in the next couple of months would be consistent with recent rumors about Sharp.

No new information on a widely-rumored low-cost iPhone has been mentioned. Huberty contends, however, that the device could sell particularly well in China, even if it cost more than a "sweet spot" of $160.

Commenting on iPhone 5 sales, the analyst's sources tell her that shipments are now in line with forecasts. In past months, reports have said that Apple was scaling back iPhone 5 production due to lower-than-anticipated demand. "After a slow start, iPhone 5, is now on track to meet carrier volume expectations and iPhone 4 price cuts could stimulate incremental demand near-term," Huberty writes. "Carriers see the opportunity for Apple to expand market coverage with 5-inch and lower-priced iPhones over time. TD-LTE licenses, and related phone launches, are expected by year-end."




by MacNN Staff

POST TOOLS:

TAGS :

toggle

Comments

Login Here

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

toggle

Network Headlines

Follow us on Facebook

toggle

Most Popular

Advertisement

Recent Reviews

ZTE Spro 2 Smart Projector

Home theaters are becoming more and more accessible these days, but maybe you've been a bit wary about buying a home projector. And h ...

MSI Geforce GTX 970 100ME

When Nvidia announced a new line of video cards in September 2014, many people thought things would continue to be business as usual i ...

Wren V5US Wireless Sound System

If you're a music fanatic, chances are you are, by extension, a bit fanatical about what you listen to your music on. If you're like ...

toggle

Most Commented