A blog recently talked about the reasons why an investment bank believes that Apple is almost reaching the $1000 per share mark. This is further explained by talking about the role of the iPhone 5 in reaching that level. It is already a known fact that there have been plenty of rumors coming out about the upcoming iPhone or the sixth generation Apple smartphone. However, no confirmations among those different speculations have emerged.
A recent report from one of the major analyst of investment bank Piper Jaffray, Mr. Gene Munster, talked about ten reasons why the Cupertino giant will eventually increase the value of each of their shares to $1000.
The soon-to-be-released and highly anticipated iPhone 5 is anticipated to be very impressive. According to Munster's predictions, the device will have a redesigned body with a slightly bigger 4-inch screen, 4G LTE capabilities, enhanced camera, improved processor and better memory.
Munster further discusses that China's iPhone demand will keep on growing in the next several years. Consequently, the demand growth will increase the company's value even further most especially their ability to keep their gross margins at more than 40%.
Within a couple of weeks, Apple will have their Yearly Worldwide Developers Conference in San Francisco where they will give information regarding the new updates of the iOS, software programs and upcoming products. A lot of people are expecting Apple's CEO Tim Cook to make the big announcement about the availability of the next iPhone version.
The next iPhone will possibly be a huge hit compared to the previous model and that should be the case. Apple is an unpredictable company and it can cook up so many possibilities. The iPhone 5 may be the last iPhone it will introduce but it will surely replace it with something that is even better. The company's unpredictability is one of the reasons why it has garnered many users and fans.