Brian White, an analyst at Topeka Capital Markets, has predicated that Apple will release the ‘iPhone 5S’ in June with multiple colour options and two different screen sizes, reports BGR. With this, the analyst has also maintained his buy rating on Apple shares with a price target of $1,111.
The analyst claims that according to checks with Apple suppliers, the next generation iPhone will feature big changes including its availability in multiple colors and screen sizes, representing a “huge departure from earlier models”. He continued that the iPhone 5S will be available in five different colors: pink, yellow, blue, white & silver and black & slate. Furthermore, there will be two different screen sizes available on the device, marking it the “first time Apple has released one phone with multiple display size options”.
“Our checks indicate that the next iPhone will have more choices for customers,” the analyst wrote. “This entails an expansion in both the color patterns and screen sizes with the next iPhone (i.e., likely called the iPhone 5S) that we currently believe will be launched in May/June with certain supply production starting in March/April.”
“Our checks are also indicating that the next iPhone will offer customers more choice in terms of screen size,” White reported. “Although Apple offers a 4-inch screen on the iPhone 5 and a 3.5-inch screen on the iPhone 4S and iPhone 4, the Company has never offered multiple screen sizes for a single model. We believe this is about to change with the next iPhone offering different screen sizes that we believe will allow Apple to better bifurcate the market and expand its reach.”
White also called the release of Apple’s HDTV a “moving targets”, expecting it could be a major catalyst to become a reality next year.
