Apple to Launch Three New iPhones in 2013?

Apple-storeIndustry trade publication Brightwire now puts the number of iPhones that Apple Inc. (NASDAQ: AAPL) will launch this year at three. Their successes are absolutely critical. Apple likely will report its first down quarter since 2003, and its share price continues to erode.

Brightwire reports:

  • Apple will announce three new iPhone models in 2013, and two of them, the 4-inch iPhone 5S and 4.8-inch iPhone Math (both featuring 8-mega-pixel cameras), will hit markets before the end of June, China Times reported citing Taiwan-based Commercial Times.
  • Citing Apple's suppliers, the report added that the third model, which has not been exposed, will be launched before Christmas. The model will feature a 12-mega-pixel camera.
  • The shipments for components, including touchscreens and cameras, will start rising significantly in March, and iPhone manufacturers will begin production in late April. Hence, Apple's suppliers will see major growth in 2Q 2013.
  • Hon Hai Precision Industry Co. Ltd. will undertake 90% of the manufacturing orders, and Largan has received orders for 8 million camera lenses. Fujikura, Flexium and Zhen Ding will share production orders for printed circuit boards.
  • Foxconn Technology and Coxon will provide molding parts for Apple's new models; Foxlink will continue to offer connectors; Hon Hai Precision's Microelectronics Technology will start designing 4G network solutions for Apple.

Filed under: 24/7 Wall St. Wire, Consumer Electronics, Rumors, Wireless Tagged: AAPL

Increase your money and finance knowledge from home

Portfolio Basics

What are stocks? Learn how to start investing.

View Course »

What Is Your Risk Tolerance?

Answer the question "What type of investor am I?".

View Course »

Add a Comment

*0 / 3000 Character Maximum