Apple’s Going To Start Releasing New iPhones And iPads Every 6 Months To Compete With Android — Analyst
Apple is going to accelerate its iPhone and iPad release schedule to 2 upgrades a year to better compete with the onslaught of competitors, thinks Adnaan Ahmad of Berenberg Bank.
(To be clear: This is his speculation, not news.)
Ahmad also thinks Apple will soon release a “cheap” iPhone priced in the $300 range (before subsidies) to fight off cheaper competition.
[But wait–isn’t the 3GS already priced in this range? It now sells for $50 after carrier subsidies with a two-year contract.]
Ahmad also thinks Apple’s new iCloud strategy will lead to another round of earnings estimate increases.
So why isn’t the stock going up?
Concerns about the company’s leadership in a post-Steve Jobs era, says Ahmad.
But he’s sticking with his $445 price target.
In other news, Ahmad thinks RIM, Nokia, and other formerly household names are totally screwed. RIM’s the new Nokia, he say