There are a lot of reasons to be excited about Apple right now, but if you believe Morgan Stanley analyst Katy Huberty, we’re just getting started.
Based on Apple’s quarterly SEC filing, Huberty believes Apple’s revenue is set to explode over the coming quarters, since she claims Cupertino’s off-balance sheet commitments “confirm major product ramps later this year.”
There may not be any official announcement of Apple’s iWatch entry into the wearable tech market just yet, but that’s not stopping analysts from predicting big things for it.
The latest is Morgan Stanley’s Katy Huberty, who suggests that the iWatch could achieve sales in the region of 30-60 million units in its first year on the market, thanks to the “halo effect” of brand loyalty to Apple that will drive sales of the as-yet-unannounced product.
Although since the iPhone 4S, Apple has launched new iPhones in the fourth fiscal quarter of every year, that’s not where the quarter they sell the most iPhones. It’s simple logistics: not only does Apple usually only have a couple weeks left in the fourth quarter to fit as many sales as possible into, but supplies of new iPhones tend to be constrained.
That’s not to say, though, that this won’t be a banner quarter for Apple. Thanks to the iPhone 5S and iPhone 5C, Apple will see year-over-year sales of iPhones increase by 28%, says one analyst.
Earlier today, we learned that Verizon actually sold a lot more iPhones last quarter than anyone expected, and now it looks like Apple might also be able to say the same. In fact, a Morgan Stanley analyst is now saying that her supply chain checks say Apple will beat their guidance this quarter by a sizable margin.
In addition to forecasting that Apple would double existing investor dividends to 6% by borrowing low-interest cash domestically. Morgan Stanley’s Katy Huberty walked away from her recent meeting with another conviction: that a cheaper ‘iPhone mini’ aimed at emerging markets was extremely likely
Apple could launch its $330 “iPhone mini” as early as this summer to boost the company’s smartphone sales in China, according to Morgan Stanley analyst Katy Huberty. It’s expected the low-cost device could provide Apple with an additional 20% of the smartphone market, adding to the 10% it has already claimed with the iPhone 5. And with smartphone prices now beginning to stabilize in China, now would be an ideal time for such a device.
T-Mobile deal could give Apple more than 2 million extra customers in Q1 2013.
T-Mobile is now the only major carrier in the United States that doesn’t offer the iPhone, because Apple’s device isn’t compatible with its 3G network. However, that could be about to change. One analyst believes that T-Mobile will finally get its chance to offer the iPhone 5 from early 2013.