Apple revival said to start with ‘killer feature’ planned for iPhone 5S

Apple iPhone 5S Rumor

Apple’s (AAPL) shares have been tanking over the past several months, but at least one analyst thinks that the company is poised for a major revival by the end of the year. Per Barron’s, Morgan Stanley analyst Katy Huberty said during a CNBC interview on Monday that Apple’s shares are approaching bottom and will likely rebound later this year with the launch of the iPhone 5S. Huberty, who recently met personally with Apple CFO Peter Oppenheimer, said that “Apple will surprise this year” with “a killer feature that drives consumers increasingly to the platform” that will debut on the iPhone 5S. Huberty gave no hint about what this “killer feature” might entail but did add that it would increase “the value of those 500 million [Apple] accounts.”

Source:
Barron's
blog comments powered by Disqus