iPhone 6 Set For Early Release?

It has been less than six weeks since the launch of the iPhones 5c and 5s but already there is talk in the US about when the iPhone 6 will make an appearance. An analyst from Piper Jaffray, Gene Munster, sent out a research note suggesting that the next generation of iPhone would be released in winter 2014 and would probably come with a larger screen.

 

By Mike Wheeler

It has been less than six weeks since the launch of the iPhones 5c and 5s but already there is talk in the US about when the iPhone 6 will make an appearance.

An analyst from Piper Jaffray, Gene Munster, sent out a research note suggesting that the next generation of iPhone would be released in winter 2014 and would probably come with a larger screen.

With the less-than-stellar reception of the latest revamped iPhone 5 – especially the cheaper 5c – it seems investors in the Big Apple are getting a little antsy about the Little Apple and what it is producing. In the past five years, the released of the latest iPhone would guarantee and avalanche of sales, but that has not been the case this time around.

Munster also mused that the latest unit would be a blockbuster in terms of sales, but hasn’t backed that up with any “wow’ factors that would put the smartphone ahead of its rivals.

Sales of Apple products have been flat compared to previous years, but it still managed sales of over $35 billion in the last financial quarter – a number that some consumer electronics firms would kill to have in the bank.

And as if to add to the company’s woes, ornery investor Carl Icahn – whose recent targets have included Yahoo and Dell Computers – has set his eyes on the company demanding it boost the stock price by upping its buyback program to $150 billion from $60 billion over three years.

Investors are worried that the share price has dropped by almost 15 percent in the past year, however it is still at a reasonably healthy $525.

 

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