Analyst: Don’t Worry, Steve To Announce New iPhone After His Arrival
Now that people have realized that Steve Jobs wasn’t going to make it back to Apple in time for WWDC to announce a new iPhone, analysts now believe the announcement will happen upon his return in late June. Piper Jaffray’s Gene Munster now says he thinks Apple is planning a second event after WWDC to coincide with the return of Jobs, at which time a new iPhone and other big announcements will be revealed.
Despite Steve himself stating in his open letter that he planned to return in late June, many seemed to believe that he may make an appearance at WWDC. Not surprisingly, Apple’s announcement yesterday that the WWDC keynote would be delivered by Phil Schiller caused some waves of concern by some who anticipated an early reappearance, despite there never being any reason to suspect otherwise.
“Although this may raise some concern among investors that Steve Jobs will not return [at all],” wrote Munster, “we continue to expect his return to the company by the end of June.”
Since he can’t deliver the speech at WWDC, Munster now predicts that Jobs will make a keynote address less than a month later, despite the fact that he would have to have begun preparations for it since before his return. He also predicted the announcement of a more affordable iPhone, despite Apple’s statement to the contrary.
“We expect Apple to host a special event in late June or early July to launch a family of iPhones. We continue to expect multiple models, possibly a high-end iPhone with improved specs from the current version and a low-end version with lower capacity and fewer features along with a reduced pricing plan. Such a model could also be used in Apple’s launch of the iPhone into China as soon as the end of summer ‘09.
We suggest taking his prediction with a grain of salt and noting that analysts’ predictions for Apple have a poor track record thus far.
[via Fortune: Apple 2.0]