Friday
Jul212006
The next big thing - Guaranteed!
Friday, July 21, 2006 at 3:49PM
‘iPhone’ could add billions to Apple’s revenue
Friday, July 21, 2006 - 10:09 AM EDT "Apple Computer Inc., known for its secrecy about new products, has given the strongest signal yet it's working on an iPod phone that analysts said could be released early next year," Bloomberg News reports.
"'The biggest part of (Wednesday's) call was the iPhone,' said Piper Jaffray Co. analyst Gene Munster, based in Minneapolis. 'It was the closest we could get to the announcement of a new product from Apple.' An iPod phone may be released in the first half of 2007, Munster said. Merrill Lynch & Co. analyst Richard Farmer pegged the release in the first quarter," Bloomberg News reports."'The company is investing heavily in iPod and iTunes engineering and is very enthusiastic about its products in the pipeline," Oppenheimer said.
The mobile-phone market may approach 1 billion units in 2008, Merrill's Farmer said. Every 1 percent share of the market Apple captures could add as much as $3 billion to the company's sales, Farmer told clients in a note Thursday after raising his rating on Apple shares to 'buy.' That's based on a device that will sell for about $300, the New York-based analyst said," Bloomberg News reports.
MacDailyNews | Not sitting around doing nothing: ‘iPhone’ could add billions to Apple’s revenue
This has gotta be the next big thing - Who wouldn't buy an Apple branded Wifi enabled Video iPod/iPhone/PDA/Apple remote that syncs seemlessly with iTunes and Leopard to keep all your music, video and contacts on a portable device.
Notice how every new Intel mac comes with Bluetooth as standard - I wonder why?
Why would Apple go this route? Well it's expected that 900 million mobile phones will be sold this year compared to 40 million iPods. As more phones are launched that can play MP3s it's really a matter of when the iPhone is released and not if!
PS Apple already have the iPhone trademark....
Bring it on!
technorati tags:iPhone, apple, leopard, ipod
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