This Day On The Street
Continue to site
ADVERTISEMENT
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

Here's What We Think We Know About the Next iPhone

This story has been updated from 8:00 am ET to include a comment from Cantor Fitzgerald analyst in the eighth paragraph.

NEW YORK (TheStreet) -- Apple's (AAPL - Get Report) surging iPhone sales are a big reason why the Cupertino, Calif.-based company had better-than-expected fiscal-second quarter earnings and the next iPhone model may be even more important to the future of Apple, particularly with the introduction of iOS 8 and Continuity.

It's largely expected that Apple's next iPhone, which may be called the iPhone 6 or the iPhone Air, will be launched in the early fall, perhaps as soon as the second week of September. Intel (INTC), which partners with Apple on its Mac computers, is set to hold its Intel Developer Forum from Sept. 9 to Sept. 11, and historically, Intel has planned its developer forum within a few days of the new iPhone launch.

There's been speculation that Apple would move away from naming the next iPhone using a number, and instead, refer to it as the iPhone Air, following the successful launch of the iPad Air.

How Apple's iWatch Can Help Wearables

How Apple's iPhone Ad Hints at Its Next Big Thing

The Biggest Takeaway From Apple's WWDC Isn't What You Think It Is

Apple WWDC: What Wall Street's Saying

As Apple's revenue growth has slowed from the explosive days of the 2000s following the release of the iPod and the iPhone, it's increasingly looking to new products and ways to enhance existing products to boost growth.

In a research note earlier this year, Jefferies analyst Peter Misek believes the next iPhone cycle is going to be a "significant product cycle," with the next version of the iPhone being much larger than the current 4-inch screen on the iPhone 5s and 5c. In the past, Apple CEO Timothy D. Cook has said that the company would not rule out making a larger iPhone, but that it was not willing to make the trade off for a larger screen until the resolution quality was there.

Following its better-than-expected second quarter, in which Apple shipped 47.3 million iPhones, there's been renewed interest in the company, as well as the stock, reaching a fever pitch. Since April 23, shares of Apple have gained 20.9%, handily outpacing both the NASDAQ and the S&P 500, which have returned 4.9% and 4.4% over the same time frame, respectively.


1 of 3

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
Submit an article to us!
SYM TRADE IT LAST %CHG
AAPL $130.18 0.95%
GTAT $0.50 -2.08%
GOOG $539.50 0.30%
FB $79.09 0.13%
TSLA $231.58 2.50%

Markets

DOW 18,109.60 +85.54 0.47%
S&P 500 2,120.46 +12.17 0.58%
NASDAQ 5,042.4970 +37.1060 0.74%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs