The hype that kicked in around the iPhone 5 seems not to die anytime soon. Apple is expected to announce its new iPhone 5 later this year, most likely sometime this fall. Apple’s next iPhone will feature a new design that could employ a single unibody frame with larger screen.
Analyst Brian J. White with Topeka Capital Markets issued a note to investors on Monday highlighting details he picked up on a tour of suppliers in China and Taiwan.
White notes that some suppliers are expected to begin ramping production of components in June, ahead of a launch in the August-September timeframe leading into a blockbuster final quarter of 2012. He also expects that with the excitement it will bring, the iPhone 5 will push Apple’s stock to a crazy price $1,001 per-share by year’s end.
He believes the next iPhone will have a larger screen, which he sees as being 4 inches and a new, sleek look. He also expects the device will have high-speed 4G LTE connectivity, just like the new iPad.
Among White’s other takeaways from his trip:
– Display issues have caused a bit of a bottleneck on supplies of the new iPad, but the shortages seem to be easing. Any small constraints on March quarter sales numbers would be compensated for by a boost to June quarter sales.
– Suppliers suggest that a smaller “iPad mini” is still in the works, but launch timing remains unknown.
But as the iPhone 5 is launching, also expect pressure from others. Samsung is rumored to launch its new Galaxy S III this year. The Galaxy S II has been a strong competitor to the iPhone 4S. With the iPhone 5’s rumored features — like NFC, 4G, and a larger screen — Apple may have no problem though.