Piper Jaffray analyst Gene Munster has something of a mixed track record predicting Apple product releases, having expected an Apple television set for several years now. Regardless, in a research note today, Munster predicted an iPhone 5S will be released in June, and a low-cost iPhone in September.

He believes the 5S will have incremental upgrades with a faster processor, better camera, and “an outside chance” that the device will gain an NFC chip as part of a digital wallet initiative. He also notes that some kind of biometric security feature is a possibility, but believes that is more likely in a future iPhone 6.

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Regarding the lower-cost iPhone, Munster writes:

We continue to believe Apple will have a cheaper phone product to address the emerging markets. In recent public comments, Tim Cook noted that the original iPod cost $ 399 and eventually the company released a $ 49 iPod Shuffle which addressed a broader market. We believe Apple will likely introduce a cheaper device in the September quarter.

Earlier this year, KGI Securities analyst Ming-Chi Kuo — who has a very good track record in recent years — also predicted an iPhone 5S in June or July, with a lower-cost iPhone around the same time.

Gene Munster- The industry’s best paid guesser. :rolleyes:
$ 49 iPhone Shuffle. Don’t like the person you’re calling? Just hit the “next” button. LMAO.
Analysts are paid to make up rumors to get the market stirring. He has no source for this but his imagination.
Where do i sign up to be paid to spew BS with a 50/50 probability year in year out?

[url=http://cdn.macrumors.com/im/macrumorsthreadlogo.gif]Image (http://www.macrumors.com/2013/03/26/analyst-predicts-new-iphone-5s-in-june-low-cost-iphone-in-september/)[/url]

Piper Jaffray analyst Gene Munster has something of a mixed track record predicting Apple product releases

Understatement of the year!

If I were an analyst I would try to guess what this guy’s MacRumors forum name was. Seriously what does he do all day.
I stopped reading at ‘analyst’…
I am really curious how Gene still has a job as an analyst. His track record is terrible. Most of us on this forum could probably do a better job at predicting Apple than this guy.

I’ll play analyst real quick. Apple will release a new product within 2 years.

BAM!:cool:

Analyst Predicts sunshine in June, colder weather in September
A new iPhone in JUNE? How would he know this? This guy must be psychic. :rolleyes:

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