Apple Recap: Waiting for the New iPhone, a Touch of Color, Goodbye Kisses for Samsung
Apple (NASDAQ:AAPL) was one happy camper on Wednesday, with the announcement of a significant number of optimistic predictions for the company in 2013 and a fresh wave of rumors about possible product launches in the coming months. The stock rose 3.17 percent to close out the first trading day of the new year at $549.03. What was making the buzz? Here’s a quick cheat sheet:
Here Comes the iPhone 6?
The Next Web reported that Apple may have already begun testing a new iPhone as well as the next version of the iOS mobile operating system. Several app developers reportedly found references to a new iPhone identifier, iPhone 6.1, as well as iOS 7 in their usage logs. The references originated from an Internet protocol address on Apple’s Cupertino campus, giving ample reason to believe that testing was on in the company’s engineering department. The iPhone 5, which was launched in September last year, uses the identifiers “iPhone 5.1” and “iPhone 5.2”, so the new reference has to be for another device. In May last year, the blog 9to5mac had noticed references to iOS 6 ahead of the software’s launch a month later… (Read more)
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It’s a Wonderful World of iPhone Colors
While the developer log rumors hint at the imminent arrival of the next version of the iPhone, Topeka Capital analyst Brian White offers a release date and even speculates on the possible new features. According to White, the next upgrade may come as early as the middle of this year, with Apple offering multiple colors and screen sizes. According to the analyst, the availability of new colors in the iPod touch lineup was Apple’s “testing ground” for doing the same for other mobile devices. White also reiterated a Buy rating on Apple shares along with his highly bullish price target of $1,111… (Read more)
Samsung: Friend No More
It seems Apple is finally taking steps to cut down its supply reliance on smartphone rival Samsung (SSNLF.PK). Taiwan Semiconductor Manufacturing Co. (NYSE:TSM) is said to be ready to begin trial production of A6X chips for the iPhone maker in the first quarter of this year. While Apple has been the biggest customer of Samsung mobile processors for years, the rivalry between the two companies in the smartphone arena, as well as the growing number of mutual lawsuits, have frayed the relationship. However, a complete transition may take as many as 18 months to complete and it’s still unclear if TSMC chips will appear in Apple’s iOS devices anytime soon… (Read more)
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