Is This Analyst the Most Accurate Apple Product Predictor?
When it comes to Apple (NASDAQ:AAPL) product predictions, KGI Securities analyst Ming-Chi Kuo certainly seems to know his stuff. As recently noted by Business Insider’s Jay Yarow, the well-connected analyst correctly predicted three major details about Apple’s latest iPhone models.
Although Kuo wasn’t the only analyst predicting a fingerprint scanner in the new iPhone, he was the first analyst to report that the home button fingerprint scanner would feature a sapphire cover. On the other hand, he also incorrectly predicted that the scanner would be convex instead of concave.
Kuo also accurately predicted Apple’s gold-colored iPhone 5S. Although this rumor originally emerged on Japanese blog Macotakara, Kuo later confirmed Apple’s unusual color choice for the iPhone 5S before the widely publicized leaks of Apple’s gold casings emerged online.