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.
Gene Munster says not to expect sapphire screens except on the 64GB iPhone 6.
Piper Jaffries analyst Gene Munster: Thanks to his endless advocacy of the so-called Apple HDTV, claiming year after year that Apple’s television set is just a few months away, Munster’s a bit of a laughingstock, even amongst the shallow knowledge pool of most tech analysts.
Instead of predicting the imminent arrival of a mythical Apple device, though, in Munster’s latest note, he’s making a far more reasonable prediction: When the iPhone 6 makes its debut September 9, only the 64GB model will ship with a sapphire glass display. And he’s got a call on the iWatch as well.
Pretty much every Apple product has cannibalized sales from another one: the MacBook cannibalized the Mac, the iPhone cannibalized the iPod, the iPad cannibalized the MacBook, and the iPad mini cannibalized the iPad Air.
On its part, though, Apple has always been cavalier about cannibalizing its own sales. In February, 2013, Tim Cook told investors that “if we don’t cannibalize, someone else will.” Which is why Cupertino is unlikely to be worried about analyst concerns that a larger iPhone 6 could cannibalize sales of the iPad mini.
It’s hard to think of two analysts as different frome one another as Gene Munster and KGI Securities analyst Ming-Chi Kuo. While Munster has foolishly prattled on, predicting an Apple HDTV set every single year for at least five years without it coming true, Ming-Chi Kuo draws upon proven supply-chain sources across the Far East to make predictions about upcoming Apple products with almost unerring accuracy. When Munster opens his mouth, everyone laughs; when Kuo opens his, everyone listens.
So it’s odd to be writing a story in which Ming-Chi Kuo and Gene Munster’s predictions are lining up for a change, but it’s an odd world. In a recent note, Kuo argues that not only will an A7-powered Apple TV will be coming next year, but Apple will enter the living room with a proper HDTV set in 2015.
If you switched from an iPhone to an Android-powered smartphone because you felt a 4-inch display was just too small, then Apple may give you a reason to switch back next year. Several industry experts are predicting that the Cupertino company will step up its pursuit of high-end Android smartphones by finally introducing a larger 5-inch display with the iPhone 6.
Most of us still don’t have an iPhone 5s, and that’s quadruply true of the hard-to-get gold model, leading to a perception of extremely limited demand. But how accurate is that perception? Not very, according to new channel supply tracking data from Piper-Jaffray. In fact, the iPhone 5s is easier to find two-and-a-half weeks after release than the iPhone 5 was.