Gene Munster, the famous analyst with Piper Jaffray spoke to investors yesterday and he said he believes that Apple will release products in 2012 with significant changes. He says one of the main products will be a new iPhone 5, which he says will be released mid year.
Munster said that he predicts Apple will sell 142 million iPhone units in 2013, for an 18 percent increase in revenue – according to his ‘base case’ situation. His ‘bull case’ scenario predicts 162 million sales in 2013, for a 35 percent increase in revenue.
He said a 14 percent total revenue growth for Apple in 2013 is conservative. He added that Apple will probably add another iPad to replace the current iPad 2. He said if they add more than one extra unit then their revenue will exceed his expectations. There are rumours that Apple will be releasing a smaller version of the iPad, at a lower price, to take sales from Amazon’s Kindle Fire, which is selling very strongly, due to the low retail price.
Applesinsider added “Rumors and speculation of an expanded iPad lineup are not new, though Apple has yet to adjust its strategy. Last month, another analyst predicted that Apple will sell a third-generation iPad with a high-resolution Retina Display alongside a faster “iPad 2S” with the same screen resolution as the current iPad 2, but with a faster processor and Siri integration. He also predicted that Apple will continue to sell the iPad 2 at a lower price, much like the company already does with the iPhone 3GS.
Finally, Munster also believes that Apple could drive growth in the Mac platform with new form factors and a broader range of prices in calendar years 2012 and 2013. Reports have suggested Apple plans to redesign its MacBook Pro lineup in 2012, and also expand the MacBook Air line with a new 15-inch model.”
Kitguru says: Whatever way Apple play it in the next 24 months, their position is looking very strong.