Market Overview

Topeka Sees Next iPhone Having More Color, Size Options, Could Pave the Way for Lower-Priced Device

Share:
Related AAPL
Apple's iPhone 8 Launch Likely To Hurt...Shoe Retailers?
Mid-Day Market Update: Marinus Pharma Surges Following Preliminary Study Update; QUALCOMM Shares Slide
Oclaro, Zayo, Ciena, Qualcomm Among Cowen 5G Picks (Investor's Business Daily)

Topeka Capital's Brian White issued a research note earlier Wednesday suggesting the next version of Apple's (NASDAQ: AAPL) iPhone 5 will include more color and size options. White believes the "iPhone 5S" could be unveiled in May or June.

White said sources have told him the next iPhone could be offered in multiple sizes, indicating an eventual possibility for lower-priced iPhone's with smaller screens.

Topeka maintains a Buy rating and $1,111 price target on shares of Apple.

Latest Ratings for AAPL

DateFirmActionFromTo
Jan 2017OTR GlobalDowngradesNegative
Jan 2017GuggenheimInitiates Coverage OnBuy
Dec 2016PiperJaffrayAssumesOverweightOverweight

View More Analyst Ratings for AAPL
View the Latest Analyst Ratings

Posted-In: Analyst Color Analyst Ratings

 

Related Articles (AAPL)

View Comments and Join the Discussion!