Analyst Predicts New Apple Product Event on the Horizon
Piper Jaffray, the research and investment banking firm, is predicting that Apple (NASDAQ:AAPL) will be launching a brand-new or updated product sometime this spring. Although lacking any insider information about what new or revamped Apple products will be unveiled, Piper Jaffray analyst Gene Munster is sure that “the company will introduce something new in March or April.”
Munster’s prediction is based on careful research of the timeline between previous Apple launches of major new products. After reviewing Apple launch events since 2009, Munster discovered that Apple introduces new products approximately every four months. This would seem to point to an Apple event occurring sometime later this month, which would likely mean event invitations would soon go out to the press.
However, there have been exceptions to this pattern. In 2011, there was a 7-month gap between the introduction of the iPad2 and the launch event for the iPhone 4S. Munster believes that the delayed launch of the iPhone 4S was an anomaly, most likely due to issues that Apple was having integrating the Siri code into iOS…