Jefferies analyst Timothy O’Shea has added his name to the growing number of Apple watchers concerned about iPhone demand. His message? That Wall Street estimates remain too high, and that Apple’s situation, “could get worse before it gets better.”
Yes, I know, Apple’s new iPhones have been on sale for just over two weeks, but industry watchers are already looking ahead to its successor. Traditionally, the biggest iPhone releases come every other year, so we expect the iPhone 6 to be a big improvement over the iPhone 5s — not just an incremental upgrade that adds a faster processor and an improved camera.
In addition to a new design, Jefferies analyst Peter Misek says the iPhone 6 will come with a larger 4.8-inch display that will satisfy critics and fans of larger phones.
It’s been a crazy day of rumors. Rumors about iPhone 5 sales slipping, the iPhone 5S coming out this summer, an Apple TV event in March, an iTV launch in September, and something about the 4.8-inch iPhone 6 being “delayed” until 2014. Busy day… but all of that info came from one guy, Peter Misek. And that guy is basically the Digitimes of analysts when it comes to correctly predicting Apple’s next move.
As an analyst for Jefferies, Mr. Misek has a long and comical history of making some crazy claims about Apple’s future plans. Who can blame him? It’s his job to predict the future of Apple so investors can make decisions. The problem is a huge amount of his predictions were wrong, especially when it comes to the Apple HDTV, where Misek has (so far) been almost universally off-point.
Here’s a run-down of some of Misek’s “greatest” predictions.
In a series of tweets summarizing a new (and still unpublished on the Internet) report by Jefferies, Apple’s forthcoming HDTV is said to already be in full production, and will be sold with a carrier subsidy from AT&T and Verizon. They estimate that two million will be sold in 2013.
While some reports have claimed that Apple’s iPad 3 will be thicker than its current-generation tablet so that the company can make room for a stunning Retina display, it seems that may not be the case. Sources in Apple’s supply chain claim that the Cupertino company will instead utilize IGZO (indium gallium zinc oxide) displays from Sharp that will allow the device to retain its slender form factor, while sporting a new “full HD level” display.