This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Apple Inc. Reportedly Making Bigger iPhone

NEW YORK ( TheStreet) -- Apple (AAPL - Get Report) is under intense pressure to demonstrate innovation didn't end when Steve Jobs died. For some, that means new product categories; for others, that may mean a bigger iPhone.

Citing four people with knowledge of the situation, Reuters reported the Cupertino, Calif.-based tech giant is looking at making a 4.7-inch version of the iPhone, a 5.7-inch version, as well as a $99 model of the iPhone in a variety of different colors. It's still unclear whether Apple will actually release the larger iPhone, as one of the sources noted the company constantly changes production plans.

It's expected that the next iPhone, the iPhone 5S, will incorporate fingerprint technology as part of Apple's AuthenTec acquisition from last year.

Apple could not be immediately reached for comment for this story.

Hearing rumors about about a larger iPhone or a cheaper iPhone are nothing new, as Apple has lost market share to the team of Samsung and Google (GOOG - Get Report) in recent months.

CEO Tim Cook has added fuel to the fire by recently speculating whether Apple was at the point where it needed to expand its iPhone product in the future. "We haven't so far," Cook said, referring to an expanded iPhone product line. "That doesn't shut out the future. It takes a lot of really hard work to do a phone when you manage the hardware and software and services in it. We've put our focus on doing that right. We haven't been focused on working multiple lines."

There have been concerns Cook has brought up that a larger screen, which several analysts have called for in the past, has issues that customers aren't willing to accept. He noted issues with battery life, resolution and brightness.
1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
AAPL $118.03 0.00%
GOOG $748.15 0.00%
FB $105.52 0.10%
TSLA $229.64 0.00%
YHOO $33.16 0.00%


Chart of I:DJI
DOW 17,813.39 +1.20 0.01%
S&P 500 2,088.87 -0.27 -0.01%
NASDAQ 5,116.1430 +13.3350 0.26%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs