Apple: Brean Capital Sees Stock At $130 in H2 2015, Expects Handful Of New Products Over Next 12 Mths, Maintains Buy & $170 PT

Brean believes a new 12.9 inch iPad model will be announced on September 9th alongside iPhone 6S (this phone will have a faster processor and better camera). Brean also making clear consensus estimates may be too conservative on iPhone sales through 2017.