Jefferies & Co. analyst Peter Misek has just upgraded Apple’s stock (AAPL) rating to “buy” with a $600 price target, up from being a “hold” with a $450 price target. At the same time, the analyst has claimed that the iPhone 6 will be Apple’s first smartphone to get a larger, 4.8-inch Retina display (via StreetInsider). Last month, The Wall Street Journal had also reported that Apple is testing larger iPhone screens, from 4.8 to 6-inches.
Earlier in June, Reuters claimed that Apple was testing iPhone models with screen sizes ranging from 4.7 to 5.7 inches. But despite all the pressure from customers and investors, Apple CEO Tim Cook has maintained that the 4-inch iPhone display remains the ‘perfect’ size. While Misek has not revealed exactly what triggered his 4.8″ display prediction for iPhone 6, he did note that the new screen size would drive a huge number of upgrades.
Jefferies analyst Peter Misek upgraded Apple (NASDAQ: AAPL) from Hold to Buy Monday with a price target of $600.00 (from $425.00) following an Asia trip which showed a “substantial shift in attitudes toward Apple.”
“Despite still seeing risk to CQ4 and FY13 revs, we now believe better GMs will allow Apple to skate by until iPhone 6 launches with its 4.8″ screen,” Misek said. “We est ~50% of smartphone shipments have >4″ screens and that iPhone 6 will catalyze a large upgrade cycle. The stock is attractive based on the attitude change, FY15 revs >+15%, and valuation.”
The analyst is expecting to see the iPhone 6 release in September next year.
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Worst idea ever! I like a phone to fit in my hand!
I kinda agree!
100%… and in my pocket..
i wouldnt mind a bit wider, the height of the screen is perfect
Agreed although I wouldn’t mind like a bit bigger like 4.2″
When the bigger screen comes out by Apple next year, Apple will call it “perfect size” and people like you and I will jump on to it. It will be one of the best iPhones sold worldwide.
most of you guys sound like girls must have tiny little hands
Bout time for a big screen, my ip5 has been in the drawer after using the LG g2
you must be an orangutan
I must be.
Props to me on being able to type then i guess.
Listen 4.8″ is not that much bigger then the screen you are already using girlie man.
And do you honestly think Apple won’t engineer it to try and feel the same?
This was bound to happen and just like all that bitch about every change Apple makes, they all adapt.
Myself included, I welcome something new other then gold.
I think 6 is too much though, I have friends that have been itching for a bigger screen, a bit wider most of them want, of course this are old geezers that have holders for their phones on their belt. Its a good size for me now only because it fits in my pocket but i guess a bit bigger will be livable
I agree 6 is too big but 4.8 inches I can live with and without a doubt be happier with. Because face it even an Android phone with a big screen is still a fragmented and most of the time an unreliable Android.
4.8 would be interesting. And you are right they will probably try to make it feel the same or be even thinner. It would give them more room to squeeze in components lol. But I am sure they will offer the smaller size lol
Fail. Bigger isn’t always better. Personally, I stand and walk a lot while using my phone and for that reason the size of my ip5 is perfect. Once in a while I prop it on a table while eating at Subway or something, and that’s about the only time I wish it was bigger… Wait.. That’s what the iPad mini is for.
That’s not what I hear…bigger IS better! If Apple did come out with a bigger iPhone, it would sell like hotcakes, although I’m not sure it matters much what they come out with, for the next few years it’s gonna sell like hotcakes anyway. But I for one would buy a bigger iPhone. Maybe it’s an age thing, but I find the 4s too small. Even playing with a 5, I feel like it’s lacking in size.
Mixed feelings. Bigger display is nice at times, but the size for portability and easy one handed thumb tapping on the 5 series devices. I had a Galaxy sII and found I was often doing two handed operation. My hands are pretty average in size I’d say.
One thing that a larger device probably helps engineers with is making the device thinner as they can use the extra space to spread the battery out more.
should read “on the 5 series devices is good.”
Wasn’t EVERY analyst initially saying the 5s was going to have a bigger screen? Or am I mistaken.
One would have to get a bigger section in one’s purse to fit it in, plus the holders, etc. For someone like me who does not have myopia it would be perfect though, but have to wait until my contract runs out and in the meantime save enough to buy it. Then you have to add up the extra expense of the Otto Defender Projector, etc.