Although the iPhone 5s only launched 2 weeks ago analysts are already predicting Apple’s next move on the iPhone front, with Jefferies analyst Peter Misek saying today that the iPhone 6 will feature a larger 4.8-inch display.
Typically Apple always goes above and beyond what it normally does with iPhone refreshes after the incremental ‘s’ upgrade and as such it makes sense Apple would release a smartphone with a larger display to satisfy critics and fans of larger phones.
Now that Apple has introduced the iPhone 5c, it would make sense for Apple to ditch the 4-inch display in favour of one slightly larger at 4.8-inches in its flagship smartphone. Of course Apple could also go the route of offering 3 different phone models the iPhone 6c, iPhone 6 with 4-inch display and the iPhone 6 with a 4.8-inch display. Right now it is up in the air.
It is worth noting that Misek has had both bad and good calls regarding unreleased Apple products, so it is important to take this report with a grain of salt. But besides predicting the future of the iPhone, Misek also reversed his stance on Apple shares. Rather than placing a Hold rating on Apple shares with a $450 price target, he has now upped his target to $600 on Monday morning and slapped a Buy rating on Apple’s stock according to BGR.
There are a few reasons for the analyst’s change of heart, one of which is that his supply chain sources indicate that Apple is getting more favorable prices from its component suppliers. This is a change from Misek’s position earlier this year and if accurate, it would obviously boost Apple’s bottom line. Beyond margins, however, the analyst says Apple is finally going to cave and launch an iPhone 6 with a bigger display.
What do you think Apple will do with the iPhone 6? Will it have a larger screen? Will there still be 2 models of the iPhone or 3? Drop us a line in the comments section below.