Jefferies Raises Price Target on Apple to $600 Due to Larger Display Set for iPhone 6
Prior to the launch of the iPhone 5S we posted a report titled "Apple Passing on a larger iPhone Display still a Head Scratcher." The Market en masse had shifted to larger display smartphones with Apple being the odd man out. Rumors of Apple preparing to shift to a 4.8" display in 2014 began to emerge as early as June of this year. A new rumor emerged once again today renewing the fervor for a larger sized iPhone display by financial firm Jefferies.
Business Insider reports that previously bearish Jefferies analyst Peter Misek is raising his previous hold target price on Apple of $450 to a buy at $600.
Reportedly Jefferies quotes "suppliers" that are seeing Apple target a 4.8" iPhone 6 for next year. Misek thinks that over 50% of the smartphones sold today are bigger than 4-inches, the current size of the iPhone. Apple has been missing out on over half the market by not offering a bigger phone.
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@ Dirk,
Buy the iPhone 5C, then cover the front camera with tape. Problem solved.
I have a feeling Apple will keep the 4" form around for quite a while. I wouldn't be surprised to see an all-new iPhone based on the 3.5" size, either.
Posted by: Red | October 08, 2013 at 05:02 AM
the fingerprint data is going to A7 chip.
besides they probably already have your fingerprint.
You expect your phone to take pictures of you without you noticing??
you might want to throw all your electronics out of the window if you think a front facing camera could seriously affect your privacy.
Posted by: applefanboy | October 08, 2013 at 01:34 AM
Dirk,
Buy a Jitterbug.
Posted by: Melo | October 07, 2013 at 06:28 PM
Don't like where this is going. I won't use a phone with a screen bigger than 4 inches.
I also don't want a phone with fingerprint scanner as long as all this NSA bullshit is going on.
Also I could do without the front facing camera.
I hope Apple will take privacy concerns into consideration moving forward.
Posted by: Dirk | October 07, 2013 at 12:54 PM