Piper Jaffray’s Gene Munster had been infamously predicting an Apple-branded HDTV set for years before eventually giving up on that dream. Last we heard from him was when he called for an S-upgrade to the Apple Watch in February 2016 (he may have gotten that one right; the timing, not so much).
He’s back now with some interesting thoughts (via AppleWorldToday) on Apple’s rumored electric vehicle and assumed virtual reality headset hardware.
Apple analyst Gene Munster—the guy who has been predicting a full-on television set with a shiny Apple logo on it for well over five years before admitting he was terribly wrong—is back!
In a note to clients, a copy of which was obtained by Business Insider, the Piper Jaffray analyst is calling for an ‘S-upgrade’ to the Apple Watch this Spring.
In sticking to its annual upgrade cycle Apple will now make an S-version of the wrist-worn device, reasons Munster. If he’s right, that would constitute borrowing a page from the iPhone’s book.
As you know, iPhones recycle same design with so-called S-upgrades that focus on hardware advanced every other year. This Spring, Munster posits, the Apple Watch will receive refreshed internals like faster chips, packed inside enclosures unchanged from existing watches.
Piper Jaffray analyst Gene Munster has become something of a joke in the broader analyst community. Arguably the most vocal proponent of a fully-fledged Apple television set, he’s been predicting the imminent arrival of a 50+ inch TV with the shiny Apple logo on it for years now.
He wasn’t alone in his predictions. Most recently, noted activist investor Carl Icahn put much faith in the mythical Apple Ultra HD TV set in a yet another letter to Tim Cook yesterday.
But as a new report by The Wall Street Journal alleged that Apple has indeed axed the project after researching it for nearly a decade, Munster was quick to admit that he’s been wrong all along.
Famed Piper Jaffray analyst Gene Munster is known for his incorrect predictions on Apple’s long-awaited television set. He’s previously guessed 2012, late-2012, and holiday 2013 as the incorrect launch dates for the new Apple product category. In 2014 he’s remained completely silent on the subject, until his latest appearance at the Business Insider conference.
In an interview published on Wednesday, Munster said he expects the Apple television is now two years away and will be launched in 2016. He’s mum on specific product features, but didn’t mind providing expected sales figures.
Gene Munster—yes the iTV guy—is out with a new report today looking at the state of Siri’s ability to accurately answer and respond to queries. The Piper Jaffray analyst regularly assesses the accuracy of Apple’s digital assistant.
In his latest look, Munster found that Siri has continued to improve with the release of iOS 7, particularly in its ability to properly interpret questions being asked and its overall performance when accessed in noisier situations…
Gene Munster is out this weekend with an earnings preview for Apple, which is slated to announce its Q4 financials on Monday. The Piper Jaffary analyst sees the company reporting big numbers, and has them at a $640 price target.
But perhaps more interesting in Munster’s note is that he says he expects the iPhone 6 to be out next summer—months before the now-usual September refresh. He thinks it’ll feature a larger display, and is going to be a “blockbuster.”
Normally, selling 170 million of anything is cause for headlines, but everyone isn’t Apple. When CEO Tim Cook said Tuesday the tech giant has sold 170 million iPads to date, analysts forecast sales of fifteen million tablets during the September quarter, at a minimum.
If correct, the predictions would top the fourteen million iPads sold during the same quarter of 2012. For Apple, the expectations could also counter the belief that demand for its tablet computers are slowing…
Despite Samsung’s attempt to label the iPhone as past its prime, Apple remains the top pick among US teenagers. More than half of American teens own an iPhone with nearly three quarter of young people choosing an iPad when it comes to tablets.
When it comes to purchasing decisions, popularity of cheaper Android devices have barely moved the needle, if at all. The figures from Piper Jaffray’s Gene Munster bode well for Apple and its continued growth among the key consumer demographic now driving technology purchases…
Despite there being no product nor confirmation from Apple that it will offer one, a high-profile Apple analyst is estimating the iPhone maker could sell between five and ten million iWatch units in the first year. According to Piper Jaffray Gene Munster’s survey of 799 U.S. consumers, some twelve percent of U.S. iPhone owners said they might pay $350 on Apple’s watch, if it materializes.
The survey follows Samsung’s attempt to beat Apple to the smartphone punch, introducing its $299 Galaxy Gear in advertisements. For Apple, the iWatch lives only in patents filed and registered trademarks. Munster, of the ‘Apple TV is just around the corner’ fame, follows another analyst who believes the iWatch could be an even bigger hit…
Remember the days when Apple or Android hoped to snag a customer from the rival camp? You can file that dream alongside winning the Super Ball lottery, because nearly all of the people lined up Friday to buy one of Apple’s new iPhones already owns an iPhone.
According to one Apple observer, 90 percent of people lined up in New York, San Francisco and Minneapolis are upgrading from an older iPhone. The finding reflects both the loyalty of Apple users as well as a U.S. smartphone market where few consumers switch from one handset brand to another.
The 90 percent upgrade figure tops that of the iPhone 5, when 83 percent of those purchasing the handset in 2012 said they already owned an iPhone…
Wall Street is a curious bunch. Apple shares dropped by five percent Wednesday morning after analysts piled on with disappointment over the iPhone 5c.
Expecting an inexpensive smartphone costing $400 without a contract, Apple instead unveiled a device priced at $549 unsubsidized.
The departure from the expected script caused some industry observers to downgrade Apple’s shares, citing worries the iPhone maker may have shot itself in the foot when it comes to inexpensive Android alternatives selling in places like China…