$bbtitle
Apple Stock: 205.88 ( +5.96 )
RSS RSS Twitter Twitter
Search:
AppleInsider.com Archives News Bytes Reviews Anonymous Mailer Submit Story AppleInsider Forums Mac Prices Polls Advertise on AppleInsider Contact AppleInsider
Save up to $270 on new MacBook Pros and up to $150 on brand new iMacs with special coupons: Mac Pricing Guide updated Nov 23th (Find the best prices on Macs).
Wednesday, December 12, 2007

Second-gen iPhone in final phase; Apple TV update planned - report

By Katie Marsal

Published: 10:00 AM EST

After meeting with key component suppliers and manufacturers in Asia, researchers for investment bank Goldman Sachs said this week they believe Apple will introduce two revisions to the iPhone in 2008 -- one minor, one major -- in addition to an Apple TV overhaul during the second half of the year.

In a research note on Tuesday, analyst David Bailey advised clients that his Far Eastern contacts have lead him to believe that "Apple has several important new products lined up for 2008," though none of them are expected to pack the same punch as the company's inaugural iPhone handset.

Among them is a second-generation iPhone currently in the "final design phase," the analyst said. The handset is expected to "have a similar form factor as the current version although it could have a different look and will probably include 3G capability."

Bailey estimates that the next-gen iPhone will launch sometime during the second half of the year, but also believes the company will tie over consumers with "a smaller upgrade with more flash memory earlier in the year."

Meanwhile, the analyst's Asian contacts have also led him to believe that "Apple will be making changes to Apple TV" sometime in the second half of 2008 "which could include an LCD display."

"Apple will refresh its entire Mac line-up throughout 2008, but information about the potential launch of a subnotebook was scarce, with one supplier saying that the product may be pushed out, citing possible design issues," he added.

In general, Bailey said several of the companies he met with suggested that they were seeing higher than expected shipments of iPods this quarter, with one commenting that Apple adjusted orders upward in October during the peak holiday season manufacturing build.

"Both the iPod Touch and nano are seeing strength while iPod shuffle demand seems stable, which should cause blended average selling prices (ASPs) to come in above our $150 estimate," he wrote.

This data point appears to corroborate recent comments from CNBC's Jim Goldman, who last week cited his own sources in Asia as saying that the iPod Touch was selling "far better than expected," compelling one of the Apple's manufacturing partners to increase production to 5.1 million units for the current quarter.

For his part, Bailey added that his supply chain contacts are expecting another year of double-digit iPod growth in 2008. On the Mac side, he said, Apple’s notebook demand remains strong and should drive above-market growth for the seventh quarter in a row – a trend that suppliers expect will continue in the new year.

Goldman Sachs maintains a Buy rating on Apple shares with a 12-month price target of $205 per share.

Filed under : Investor, iPhone, Apple TV, iPod 119 Comments ] 
Story topics: David Bailey, Goldman Sachs, sub-notebook   Print ] [ Story Link ] 


Download Parallels 5.0 Today
Mac Poker players can play Full Tilt Poker for Mac and get 100% to $600 free with bonus code MP600, courtesy of Online Poker Mac
AppleInsider Features
Hot Forum Topics

Recent Articles
AT&T continues to counter Verizon claims as Apple enters ad fray
Apple iPhone eats up 50% share of all mobile data traffic globally
End of iPhone exclusivity means boosted sales in Europe
Malicious worm attacks, steals data from jailbroken iPhones
Apple exec offers glimpse into App Store approval process
iPod touch camera rumors resurface with claimed spring release
iPhone to launch in South Korea at end of November
Smoking may void Applecare warranty due to "health hazard"
Inside Google's Android and Apple's iPhone OS as software markets
Apple's App Store approval process gets partially automated
TomTom to release iPod touch-specific GPS car kit
China Unicom expects 10% of 3G users on iPhone in 3 years
Steve Jobs e-mails terse response to upset Apple developer
Hack re-enables Atom processor compatibility for Mac OS X 10.6.2
Microsoft shareholders grill CEO about Apple, iPhone
Google outlines Chrome OS plans for netbooks
Sony announces iTunes competitor for music, movies, books
Apple investigates space-age fitness tracking technology
Web search statistics show Bing stagnant, Google growing
New apps said to make iPod touch more prominent in Apple stores
Piper: Apple tablet no more than $700, launch timing irrelevant
Major publisher preps for Apple tablet as delay, OLED rumors surface
AT&T faces setback in legal battle over Verizon ads [u]
TomTom app updated to support iPod touch, first-gen iPhone
Oct. estimates suggest Apple will sell 2.9M Macs this quarter
Microsoft retail store gets odd viral marketing buzz
Rumored 'Google Phone' said to be coming in 2010
Evidence suggests Apple at work on Mac OS X 10.7
iPhone approved in South Korea; China Mobile talks continue
AT&T upgrades network as wireless traffic quadruples over past year
Apple store in upscale Greenwich, Conn., to open Saturday
Needham downgrades Apple stock on technicality
Verizon rumored to embrace Palm in 2010 to combat iPhone
Apple's iPhone App Store takes off in China
Belgian heist lands thousands of stolen Apple iPhones
Verizon responds to AT&T in court: 'The truth hurts'
Apple said to release iPhone app for in-store appointments
OnLive cloud gaming service demonstrated on Apple's iPhone
Apple tablet speculation: high-end graphics, several models
Microsoft looks to combat Apple globally with Zune content

AppleInsider Market Place

Sell your Laptop - working or not. Free shipping.: Get an instant online quote and sell your laptop today !

Believe in Office: Save Up To 25% on Office 2004 For Mac. Visit Our Site for Details!

IBackup - SMB Online Backup: IBackup is the preferred online storage and backup service of choice for SMBs for its ease of use, security and value. Offers automated backup and restore, file selection and securiy.

Download free software - everyday updated freeware files

 
Advertisements








AppleInsider RSS Feed
AppleInsider © 1997-2008
Please review our Privacy Policy.
Written/Edited/Compiled by the AppleInsider Staff.