Don’t be in such a hurry to believe talk Apple will hold out until October to release its next-gen iPhone, one Wall Street analyst warns. Reading the tea leaves left by Asian suppliers, the expert gives three reasons why a new handset will appear earlier.
RBC Capital Markets analyst Mike Abramsky told investors Tuesday he is “cautious” about believing reports the tech giant will wait until October to unveil an upgrade to the current iPhone 4, often referred to as the “iPhone 5.” Abramsky’s note runs counter to earlier reports suggesting Apple would wait beyond September after failing to introduce a new handset during the traditional June and July period.
“Build data” from Apple’s Asian suppliers still points to production of a next-generation iPhone increasing in August and September. Likewise, the analyst points to comments by Apple executives speaking of a major product transition that could impact the company’s September financial quarter.
Additionally, Apple says the September quarter will likely garner $25 billion, below the $28.57 billion earned during the June quarter. The expected drop in revenue is seen by observers as slowing sales leading up to a new product announcement.
Additionally, Abramsky give credence to rumors AT&T retail workers are not allowed to take vacations at the end of September, a behavior that in the past has led to a product release.
Separately, Apple has also announced it will unveil its new iOS 5 mobile software in the fall, a further indication a new iPhone is in the wings. A September release would also mesh with the traditional back-to-school buying period.
Ed Sutherland is a veteran technology journalist who first heard of Apple when they grew on trees, Yahoo was run out of a Stanford dorm and Google was an unknown upstart. Since then, Sutherland has covered the whole technology landscape, concentrating on tracking the trends and figuring out the finances of large (and small) technology companies.
24 responses to “Analyst: October iPhone 5 Launch? Not So Fast…”
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I think those cases we’ve seen are for the new iPod touch that will be announced at the same September back to School event that they are always announced at. The iPhone 5 might be announced at the same event, but it will likely be available early October.
RBC Capital Markets is Canadian, so I think you meant “Bay Street analyst”….
These flip flop rumors are getting really annoying. october/september/early september/late september/blah blah blah blah
it will launch…. when they launch it. Stop.
It’s coming in Autumn! Right. Good. That’s that done with.
Please make it stop.
Are you serious!? It feels like I’ve seen this post once a day for a month now! just stop, alright
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I just paid $22.87 for an iPad 2-64GB and my girlfriend loves her Panasonic Lumix GF 1 Camera that we got for $38.76 there arriving tomorrow by UPS. I will never pay such expensive retail prices in stores again. Especially when I also sold a 40 inch LED TV to my boss for $657 which only cost me $62.81 to buy. Here is the website we use to get it all from, http://to.ly/aRG4
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Check out this great apple blog for up to date news on everything apple.
Including the iPhone 5!
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It will come out in September for the US market and October for the Canada market. There has always been a 1 month lag for Canada. The RBC analyst is from Canada.
The usual idea is that you would use NFC to set up the link between the two devices and then do an automatic hand over to a different protocol for doing the actual transfer of data – eg Bluetooth,iphone 5