Analyst Brian J. White with Topeka Capital Markets said in a note to investors on Monday, that Apple’s next iPhone will feature a new design that could employ a single unibody frame reminiscent of the company’s MacBook lineup.
Neil Hughes writing for AppleInsider:
Analyst Brian J. White with Topeka Capital Markets issued a note to investors on Monday highlighting details he picked up on a tour of suppliers in China and Taiwan. During his visit, he was given the sense that some suppliers will begin production in June of certain components of Apple’s sixth-generation iPhone, setting up for a product launch in the fall.
He believes the next iPhone will have a larger screen, which he sees as being 4 inches. He also expects the device will have high-speed 4G LTE connectivity, just like the new iPad.
“In our view, this will be the most significant iPhone upgrade with a four-inch screen and a new, sleek look that we believe will require a Unibody case,” White wrote. “This new, sleek look will be the most important reason that consumers decide to upgrade.”
White sees the launch of the next iPhone “dwarfing previous launches”, and believes the launch could push Apple stock closer to the $1,001 Topeka price target.
Topeka announced its price target of $1,001 for Apple last week. In addition to the new iPhone, White also sees an integrated television set from Apple, which he says will help push the company’s stock price even higher.
White also revealed he had spoke to sources on his trip to Asia that revealed Apple is still working on the so-called “iPad mini”. He says while the product remains under development, the timing of the launch of the device is “unclear”.
