Investment banker Piper Jaffray recently shared a special report on Friday. The note listed key reasons why Apple Inc. (NASDAQ:AAPL) will continue to grow and increase their value by $1,000 . Analyst Gene Munster further elaborated Jaffray’s report and Apple Insider shared the highlights of his report.
Munster suggested that Apple Inc. (NASDAQ:AAPL) may release updates for it’s core line. This possibility could become a reality in a matter of weeks. Apple will hold their Worldwide Developers Conference(WWDC) and it’s expected that the company will officially announce new iOS programs, updates, and products. He went into further details with his prediction that the new Mac updates will include enhanced retina displays and Ivy Bridge chips from Intel and a smaller iPad with a screen that measure seven to eight inches.
As for the iPhone, Munster expects that Apple’s next model will feature a redesigned body, four-inch screen, 4g LTE connectivity, improved mega-pixel camera, and upgraded processor/memory. More importantly, he thinks that Apple iPhone subsidies won’t really change in the next few years despite the current reports that carriers want to cut back on subsidies.
Munster also thinks the Apple television rumor is true and he predicts that it could be announced as early as the end of this year. His vision uses interface control via voice or iPhone/iPad app. The Apple television would allow people to watch television/movies, listen to music, play games, and surf the net.
One of Apple’s most important assets is their products. From their iMacs to the iPads, Apple has always been ahead of the curve thanks to their innovative designs and products. Apple is one of the most successful technology companies of our time and I believe that they will continue to lead for at least a few years more. Apple is a formidable force but they won’t last forever.
