An investor note from Jefferies analyst Peter Misek is said to shed some light on Apple’s future plans with the iPhone, as well as some bad news regarding the colorful iPhone 5c.
Quoted in a Business Insider report, Misek reportedly had some chats with Apple’s suppliers in the Far East and learned that “Apple is targeting a 4.8-inch iPhone for the iPhone 6.” He expects investors to get excited “as the bigger iPhone gets further into development,” but he also has some bad news to relay to those who read his research notes for financial advice.
Apparently the analyst also said, “Apple is cutting orders for the iPhone 5C because it's not selling as well as hoped.” Misek thus believes the Cupertino giant might actually end up slashing the phone’s price to increase sales.
iPhone 6 concept Image credits to iphonehacks.com |
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