Analyst Peter Misek Thinks Next Two Years Will Be Rough Period For Apple



Jefferies analyst Peter Misek is one of our favorite Apple analysts in the entire world. Mostly because his Apple predictions are usually horribly wrong.

After the disastrous Apple TV SDK Event rumor he created earlier in the month, Misek is back with a new note to Apple investors, and it’s not a happy one. According to Misek, Apple is about to face a very rough two-year period, and he might actually be right.

In his note, Misek cites capital expenditures as one area of concern for Apple. The company’s capital expenditures are are likely to double in the next two years which would add about $10 billion per year in costs.

The second worrisome area is Apple’s cash balance. Even though Apple has a boat load of cash, it could be reduced by $10 billion, and $40 billion of the cash could be deferred over the next two years as Apple sells pre-pay iPhones in India. That’s all complete speculation on Misek’s part though, but we do agree it might be hard to sell subsidized iPhones in India, so Apple might have to part with some of its cash pile to make it work.

Misek also says the the rise of ‘whitebox smartphone sales’ will be troublesome for Apple. Companies like Glonee and Konka are offering handsets that are similar to the Samsung Galaxy S3, but a lot cheaper. Those phones will force Apple to invest in next-gen screen technology, but if Apple isn’t already investing in next-gen screen technology (which we’re sure they are) then they’re screw for the next few years already.

What do you guys think of Misek’s latest report? Is he just adding on to the Apple-hatefest? Or do his worries about capital expenditures and cash balance have some serious weight? Let us hear your thoughts in the comments.


Souce: Razorianfly

  • nefan65

    This is the same guy that predicted a number of Apple products that were supposed to be released, based on leaks, and it never happened. He is as reliable as a fortune teller at a carnival. Clown…

  • aardman

    Somebody please post the list of wildly, embarrassingly, hilariously wrong predictions that this joker has made about Apple. Cult of Mac needs to have an accuracy/hilarity index posted right next to an analyst’s name whenever they feature a report about his or her latest punditry.

  • hspito

    As soon as I saw the picture I said why would they keep posting articles about this joker, he doesn’t know anything about Apple. Then after reading the second sentence “Mostly because his Apple predictions are usually horribly wrong.” I couldn’t stop laughing!!!!!

  • MrsCleaver

    Yet another empty, meaningless proclamation by an “analyst” no one has ever heard of, who probably conjures his “analysis” from an iPhone, iPad, Macbook Pro or iMac. Why on earth does Cult of Mac insist on running these inconsequential bits of drivel? One need look no further than the first four letters of the word “analyst” to see where these guys come from.

  • Skywaytraffic


  • MrsCleaver

    MY analysis—and my hope—is that the next two years will be a rough period for Peter Misek.

  • Buster

    @aardman I posted a list of his wildly wrong predictions. check the links in the article.