Apple Analyst: iPhone not iPad will drive sales, shares

Apple's next incarnation of the iPhone is likely to drive sales and satisfy shareholders more than the company's new iPad according to one leading analyst.

The Wall Street Journal quotes Barclays Capital analyst Ben Reitzes writing in a note on Tuesday.


"We look toward March/April as the timeframe when we should begin to hear of solid build information for the expected new iPhone launch this summer (expected around WWDC which is likely at the end of June 2010)."

"We believe the new iPhone product cycle could be a major update that includes a new form factor. We believe key features for the new iPhone could include a thinner design with an updated camera and more multi-touch capabilities around the entire device (besides the screen) for ease of use.

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"We are most excited about the iPhone upgrade cycle (even vs. iPad) in relation to its potential impact on Apple shares."

Reitzes previously predicted iPad sales of 2.9 million in financial year 2010 and 7.3 million in financial year 2011 citing better than expected "attractive" pricing for strong sales.

iPhone not iPad will drive sales, shares



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