Click to Skip Ad
Closing in...

Apple to begin building iPhone 5 mid to late August, Apple-branded TV in the works, analyst says

A new report suggests Apple’s manufacturing partners are preparing to begin assembling the next-generation iPhone some time between the middle and end of August. This time frame suggests that a launch might not occur until the second half of September at the earliest. Following a series of meetings in Taiwan, Morgan Stanley analyst Katy Huberty issued the new production timeline in a note to investors on Sunday. “Apple’s next iPhone will begin production in mid to late August and ramp aggressively,” the analyst wrote. Her meetings yielded no information about a new prepaid iPhone that might launch as a complimentary model in September, however. Huberty also reaffirmed reports that Apple is working on a branded television product that could open the door to a massive new revenue stream. “We also believe Apple is in the early design stages for a TV, which could add $19 billion and $4.50 of annual revenue and EPS longer-term,” she wrote in the same note on Sunday. Huberty sees Apple stock as a great purchase for investors in spite of its recent downward trend, and most analysts seem to agree, though the stock continues to drop despite countless favorable ratings from analysts.

Read

Zach Epstein

Zach Epstein has been the Executive Editor at BGR for more than 10 years. He manages BGR’s editorial team and ensures that best practices are adhered to. He also oversees the Ecommerce team and directs the daily flow of all content.

Zach first joined BGR in 2007 as a Staff Writer covering business, technology, and entertainment. His work has been quoted by countless top news organizations, and he was recently named one of the world's top 10 “power mobile influencers” by Forbes. Prior to BGR, Zach worked as an executive in marketing and business development with two private telcos.