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

Forget Beats! Apple Needs a New Game-Changing iPhone: StockTwits

NEW YORK (TheStreet) -- The Apple (AAPL - Get Report) headlines this week focused on Tim Cook & Co.'s largest acquisition ever -- the $3 billion buy of Beats, a high-end headphone maker and music streaming service. But investors are less interested in how Beats' founders Dr. Dre and Jimmy Iovine can transform Apple's music service than in what Apple has hidden under the tarps.

In an interview at the Code conference this week, live blogged on, Apple SVP Eddy Cue said Apple has a better product pipeline now than it has had in decades. (Jimmy Iovine then joked that Apple throws tarps over everything when he walks in.)

The pipeline comment has encouraged investors on to buy greater stakes in Apple in anticipation of the launch of game-changing products. Sentiment on the stock is 90% bullish, according to StockTwits' analytics.

$AAPL Tim promised new products throughout 2014, now we have "best pipeline in 25 years" statement. I want to believe...

? Matthew (@Rolltidetrader) May. 29 at 06:59 PM

@Rolltidetrader I bet the house... Don't fail me now TC

? Michael Brownlee (@OptionsAva) May. 29 at 07:00 PM

Apple investors are most excited about the prospect of a new iPhone. Analysts and journalists have speculated that Apple will debut a 5.5 inch screen version of the iPhone with scratch-resistant sapphire glass, produced by GT Advanced Technologies (GTAT). A larger screen would help the iPhone compete with Samsung's Galaxy Mega, which boasts a 6.3 inch HD screen and a Google (GOOG) Android operating system.

Google Android phones have taken market share from the iPhone and now dominate the smartphone market. 80.2% of all phones sold in 2014 will be Android devices, according to a May 28 IDC report. Apple's market share is expected to drop from 14.8% in 2014 to 13.7% by 2018.

Talk of an iWatch has also generated considerable buzz.

Apple Product Roadmap: iPhone 6, Foldable iPhone, iWatch $AAPL

? ValueWalk (@valuewalk) May. 30 at 08:37 AM

Some investors said that the focus on hardware is misplaced. They pointed to a Goldman Sachs analyst note, published Friday morning, that claimed software would be Apple's long-term growth driver.

"@Street_Insider: Apple $AAPL Price Target Raised to $720 at Goldman; Next Big Thing Isn't Hardware, Says Analyst"

? Darcy Keith (@eyeonequities) May. 30 at 08:29 AM

See page 2 to hear Goldman Sachs' take on the stock.

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 $93.65 -0.66%
FB $101.93 0.92%
GOOG $681.92 -0.32%
TSLA $150.47 4.73%
YHOO $26.75 -1.30%


Chart of I:DJI
DOW 15,660.18 -254.56 -1.60%
S&P 500 1,829.08 -22.78 -1.23%
NASDAQ 4,266.8370 -16.7550 -0.39%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs