NEW YORK (TheStreet) -- The Apple (AAPL) rumor mill is in full force this morning, with details on the iWatch and a potential iTunes update emerging. However, Apple's biggest driver is still the iPhone, which may come in two sizes next year.
KGI Securities analyst Ming-Chi Kuo, perhaps the most accurate of all Apple analysts, notes that the iPhone 6 (some are calling it iPhone Air) will come in two sizes, 4.7-inches and 5.5-inches, but will be released at different times due to manufacturing issues with the larger form iPhone's screen.
"Apple to offer all-new design 4.7" and 5.5" iPhone 6. Although the 5.5" model will have higher resolution (1,9201,080/401PPI) than the 4.7" (1,334750/326PPI), due to same proportion in terms of length and width, it is good for APP compatibility," Kuo penned in the note. "Specifications common to both models will include A8 processor, LPDDR3 1GB, LTPS panel, in-cell touch, Touch ID (fingerprint identification), 10-20% narrower bezel, 6.5-7.0mm thickness, NFC chip with security element and metal casing."
It's interesting that Kuo predicts there will be an NFC (near field communications) chip with the phone, something Apple has shunned in the past. NFC has traditionally been used for touching or tapping phones to another device, be it for mobile payments. Apple introduced TouchID as part of the iPhone 5s, something Apple CEO Timothy D. Cook said was partially due to mobile payments.
Select the service that is right for you!COMPARE ALL SERVICES
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
- Real Money + Doug Kass Plus 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV