Piper Jaffray analyst Gene Munster has been chomping at the bit about an Apple TV since 2011, but according to a new research note he sent to clients Thursday, Apple has a good chance of finally releasing its new television at the company’s reported September 9 event.
Seriously, this time. OK, maybe. Let’s call it 50/50.
Rumors surrounding Apple’s plans for TV have been picking up considerably as its Worldwide Developers Conference draws near in June.
But the idea of a standalone Apple TV set (not the little hockey puck that exists already) eventually becoming a reality is starting to look pretty bleak. Not everyone has given up hope, though. As the biggest proponent of the Apple HDTV rumor throws in the towel, one of the world’s most powerful investors remains convinced that it will happen.
As rumors of an Apple car start to gain speed, Piper Jaffray analyst Gene Munster has run the figures to find out what kind of business proposition automobiles could be for a company that tends to steer clear of small or low-margin markets.
His verdict? If Apple cars were even a “moderate success,” Tim Cook and pals could be looking at an extra $50 billion per year in revenues. To put that figure in context, it would be an increase of 23 percent on top of the already impressive cash-generating machine that was Apple in 2015.
Ahead of today’s Apple earnings call, Piper Jaffray analyst Gene Munster has taken a shot at forecasting how the rest of the year may play out, in a research note to investors. His guess? All in, Apple can expect to sell between 56.7 million and 62.7 million iPhones this quarter.
If Munster’s on the money, that means unit sales of the iPhone could leap between 25 to 45% compared with the previous quarter last year. Not bad, huh?
The iPad may be more popular than ever among young people, but according to one analyst that same level of excitement doesn’t carry over to the forthcoming Apple Watch.
In a research note to clients, Piper Jaffray analyst Gene Munster describes reaction to the Apple Watch among teens as “tepid,” despite the fact that Apple remains an incredibly popular brand.
According to Munster, interest in the Apple Watch actually fell over the past year — starting out at 17% interest from teens in spring, and lowering to 16% just prior to Apple’s September 9 unveiling of its wearables device.