Newsletters
Technology, Discovery & Innovation NewsFactor Sites:       NewsFactor.com     Enterprise Security Today     CRM Daily     Business Report     Sci-Tech Today  
   
This ad will display for the next 20 seconds. Click for more information, or
Home Computing Digital Life Discovery Space More Topics...
Eliminate costly downtime!
Find out how with Free White Paper
& enter to win a Samsung Galaxy Note

www.apc.com
Digital Life
Average Rating:
Rate this article:  
Piper Jaffray Boosts iPad, iPhone Estimates
Piper Jaffray Boosts iPad, iPhone Estimates

By Mark Long
March 15, 2012 2:32PM

Bookmark and Share
With the release by Apple of what Piper Jaffray expects to be a redesigned LTE-capable iPhone 5, the firm's analysts expect Apple to continue its current strategy of addressing prepaid smartphone users by making it possible for carriers to price prior generation iPhone models as low as $200 without a contract.
 

Related Topics

iPhone
iPad
Apple



Piper Jaffray boosted its 12-month price target for Apple's shares from $670 to $718 on Thursday, saying that the investment firm had previously not given sufficient credit to the iconic device's maker's strong position for growth in the tablet and smartphone markets. For example, the firm's analysts have boosted their iPad unit shipment growth rate estimate for 2013 from 21 percent to 42 percent.

"We are raising our calendar year 2013 iPad estimates based on our belief that Apple will release a sub-$300 iPad with a smaller display in 2013," Piper Jaffray analysts Gene Munster, Andrew Murphy and Douglas Clinton wrote in a new investor note.

"Our base model assumes Apple will sell 122 million iPads in calendar year 2014 and 176 million iPads in calendar year 2015 as the product line matures with additional form-factors," Munster, Murphy and Clinton explained.

With respect to Apple's coming iPhone 5, Munster, Murphy and Clinton have pushed back their expected iPhone 5 release date from mid-2012 to this year's September-ending quarter.

"We're uncertain whether they will try to retain the annual summer launches or have switched to an annual fall release, but some of our insight into the supply chain suggests fall," Murphy said in an e-mail Thursday. "Also, if they don't have an iOS software event in the Spring -- and wait until WWDC to intro iOS 6 -- then that sort of confirms that they're doing a fall launch."

New Base Model

Looking beyond 2012-2013, Piper Jaffray believes that the coming iPhone 5 will help Apple outperform the firm's prior expectation of 162 million iPhone unit shipments in 2014.

The investment firm's new base model assumes that "Apple will sell 285 million iPhones in calendar year 2014 and 385 million iPhones in calendar year 2015, driven by continued strength in developed markets and share gains in geographies with more prepaid users buying a $200 iPhone," Munster, Murphy and Clinton wrote.

With the release of what Piper Jaffray expects to be a redesigned LTE-capable iPhone 5, the firm's analysts expect Apple to continue its current strategy of addressing prepaid smartphone users by making it possible for carriers to price prior generation iPhone models as low as $200 without a contract.

"Previously, our iPad and iPhone growth rates were well below industry growth rates," Munster, Murphy and Clinton noted. "We are now modeling for iPhone to grow faster than the smartphone market and for iPad to grow faster than our previous model driven by the introduction of lower entry-level prices in calendar year 2013." (continued...)

1  |  2  |  Next Page >

 

Tell Us What You Think
Comment:

Name:



UCS Invicta: Integrated Flash Why wait for the future? Unlock the potential of your applications and create new business opportunities today with UCS Invicta Series Solid State Systems. Take advantage of the power of flash technology. See how it can help accelerate IT, eliminate data center bottlenecks, and deliver the peak application performance and predictability your users demand. Click here to learn more.


 Digital Life
1.   Android 'Fake ID' Puts Millions at Risk
2.   FTC Wants Fix for Mobile Cramming
3.   Facebook To Force Use of Messenger
4.   OkCupid Experiments with Daters
5.   BlackBerry Acquires Secusmart


advertisement
Apple Digital Book Settlement Set
But company still appealing decision.
Average Rating:
Radical.FM's Freemium Biz Model
Online radio startup asks for donations.
Average Rating:
Facebook Social Experiment Irks Us
Secretive test was legal, but ethical?
Average Rating:
Product Information and Resources for Technology You Can Use To Boost Your Business

Network Security Spotlight
Canadian Government Charges China With Cyberattack
The government of Canada is not happy with China. Canadian officials have accused "a highly sophisticated Chinese state-sponsored actor" of launching a cyberattack on its National Research Council.
 
Researchers Working To Fix Tor Security Exploit
Developers for the Tor privacy browser are scrambling to fix a bug revealed Monday that researchers say could allow hackers, or government surveillance agencies, to track users online.
 
Wall Street Journal Hacked Again
Hacked again. That’s the story at the Wall Street Journal this week as the newspaper reports that the computer systems housing some of its news graphics were breached. Customers not affected -- yet.
 

Enterprise Hardware Spotlight
Apple Updates MacBook Pros, Cuts Prices Up to $100
The popular MacBook Pro laptop line just got an update and a price cut of as much as $100. The MacBook Pro with Retina display now includes faster processors and double the memory.
 
Watson Gets His First Customer Service Gig
Since appearing on Jeopardy, IBM's Watson supercomputer has been making a living using his super-intelligent knowledge base for business verticals. Now, Watson's been hired for his first customer service job.
 
Tablet Giants Apple and Samsung Feel the Heat
When a company saturates its home market with a once-hot product, expect it to pump up efforts elsewhere. Apple, for its part, is now pushing iPads to big corporations and the enterprise market.
 

Mobile Technology Spotlight
Android 'Fake ID' Puts Millions of Users at Risk
Having this fake ID is nothing to brag about, even if you are a minor. The “Fake ID” Android flaw drops malware into smartphone apps. It can steal credit card data and even take over your device.
 
FTC Wants Fix for 'Perfect Scam' of Mobile Cramming
The U.S. Federal Trade Commission has issued new guidelines to curb “mobile cramming,” a troublesome practice that adds unauthorized third-party charges to mobile phone bills.
 
Facebook: You Will Use Messenger, and You Will Like It
Starting this week, Facebook users with Android and iOS phones will be forced to use the separate Messenger app to send Facebook messages. Pending messages will still be visible in the main app.
 

Navigation
Sci-Tech Today
Home/Top News | Computing | Digital Life | Discovery | Space | Innovation | Health | Science News
Environment
NewsFactor Network Enterprise I.T. Sites
NewsFactor Technology News | Enterprise Security Today | CRM Daily

NewsFactor Business and Innovation Sites
Sci-Tech Today | NewsFactor Business Report

NewsFactor Services
FreeNewsFeed | Free Newsletters

About NewsFactor Network | How To Contact Us | Article Reprints | Careers @ NewsFactor | Services for PR Pros | Top Tech Wire | How To Advertise

Privacy Policy | Terms of Service
© Copyright 2000-2014 NewsFactor Network. All rights reserved. Article rating technology by Blogowogo. Member of Accuserve Ad Network.