Tags Topeka Capital Markets

Analyst: Apple HDTV coming this year with “iRing” motion controller & “mini iTV” second screen experience

iring2-concept

iRing concept by Victor Soto (via YankoDesign)

We’ve seen predictions for an Apple HDTV and a revamped Apple TV experience come and go over the past couple years. Analysts have predicted several times since as far back as 2011 that we’d see Apple introduce its own full-fledged TV set by the end of the year, and last we checked in the most vocal analyst, Piper Jaffray’s Gene Munster, was still calling for a full HDTV by the end of the year with an innovative new remote control. Today, in a note that sounds like it should have been scheduled for an April 1st release, another analyst is backing Munster’s claims that Apple will launch a full TV set (not a set top box) in the second half of 2013.

Topeka Capital Markets analyst Brian White issued a note to clients today following checks with supply chain sources in Asia (via BGR), claiming Apple’s “iTV” project will launch this year in 50 to 60 inch variants and come with a ring shaped motion controller dubbed, get this, “iRing”:

The “iTV” ecosystem represents a major innovation for the $100 billion LCD TV industry that will revolutionize the TV experience forever, in our view. First of all, we believe “iTV” will be 60-inches in size (but could also include 50-55 inch options). Secondly, we believe Apple will release a miniature device called “iRing” that will be placed on a user’s finger and act as a navigation pointer for “iTV”, enhancing the motion detection experience and negating some of the functionality found in a remote.

White added that Apple will included a “mini iTV” with iTV that will allow users to have a second screen experience on a smaller, iPad-sized display:

Thirdly, “iTV” will come with a “mini iTV” screen that will seamlessly allow users to view content on this smaller, 9.7-inch screen, while also opening up use cases around home security, phone calls, video conferencing and other areas. As part of this experience, Siri and FaceTime will be important. Essentially, we believe the “mini iTV” screens will be able to capture content from the 60-inch “iTV” across a distance of up to 200 meters, allowing a user to view “iTV” content in the kitchen, washroom, garage, bedroom, backyard, etc.

White thinks that one “mini iTV” display, which sounds to be scaled-back iPad hardware of sorts, will be bundled with the iTV, while customers will be able to pay extra to upgrade to up to four screens. White noted “the capabilities and features will be very basic and thus not an iPad replacement,” so it’s unclear what that means for the “mini iTV” in terms of functioning as a standalone tablet, but we’re not exactly buying it.

White’s last prediction: iWatch will play an “important role” in the new platform (surprise), while customers will have to hand over between $1500 and $2500 for the iTV. He also claims there is a possibility the device could be subsidized:

Furthermore, we believe “iWatch” will be an important part of the “iTV” ecosystem, tapping into “iTV” services in a much more mobile friendly manner, complementing the “iRing”. The interaction between “iTV” and making phone calls will be an important feature of this experience, while the “iWatch” and “iRing” will provide increased mobility around the home, supplanting the need to carry a smartphone around the house. Finally, we believe consumers will pay approximately $1,500 to $2,500 for the “iTV” package. The price will be based on the number of “mini iTV” screens in the package and the screen size of the “iTV”. Also, we are being told that “iTV” could be subsidized by certain service providers to expand the market opportunity.

Most of White’s intel today seems to line up with past predictions from analysts, including mentions that the next iPhone will include fingerprint sensor tech. Previous reports claimed components in the 46 to 55-inch range were currently in testing, while the price point and motion controller predictions have also been discussed previously. One interesting aspect of White’s note is the second screen experience. It’s unclear if these devices would be scaled back iPad hardware or simply iPads bundled with the iTV alongside dedicated apps, but we definitely expect the second screen/Airplay experience for iPhone and iPad users to play a big role in Apple’s new TV platform. As for whether or not an Apple HDTV with iRing will really launch later this year, your guess is about as good as White’s.


Comments Off on Analyst: Apple HDTV coming this year with “iRing” motion controller & “mini iTV” second screen experience

Photo

Jordan Kahn

April 3rd

Apple

Mac

Analyst: Apple HDTV coming this year with ‘iRing’ motion controller & ‘mini iTV’ second screen experience

iring2-concept

iRing concept by Victor Soto (via YankoDesign)

We’ve seen predictions for an Apple HDTV and a revamped Apple TV experience come and go over the last couple of years. Analysts have predicted several times since as far back as 2011 that we’d see Apple introduce its own full-fledged TV set by the end of the year, and the most vocal analyst, Piper Jaffray’s Gene Munster, was still calling for a full HDTV by the end of the year with an innovative new remote control last we checked in. Today, in a note that sounds like it should have been scheduled for an April 1 release, another analyst has backed Munster’s claims that Apple will launch a full TV set (not a set-top box) in the second half of 2013.

Topeka Capital Markets analyst Brian White issued a note to clients today, following checks with supply chain sources in Asia (via BGR), claiming Apple’s “iTV” project will launch this year in 50- to 60-inch variants and come with a ring-shaped motion controller dubbed, get this, “iRing”:

The “iTV” ecosystem represents a major innovation for the $100 billion LCD TV industry that will revolutionize the TV experience forever, in our view. First of all, we believe “iTV” will be 60-inches in size (but could also include 50-55 inch options). Secondly, we believe Apple will release a miniature device called “iRing” that will be placed on a user’s finger and act as a navigation pointer for “iTV”, enhancing the motion detection experience and negating some of the functionality found in a remote.

White continued by saying Apple will include a “mini iTV” with iTV that will allow users to have a second-screen experience on a smaller, iPad-sized display:

Thirdly, “iTV” will come with a “mini iTV” screen that will seamlessly allow users to view content on this smaller, 9.7-inch screen, while also opening up use cases around home security, phone calls, video conferencing and other areas. As part of this experience, Siri and FaceTime will be important. Essentially, we believe the “mini iTV” screens will be able to capture content from the 60-inch “iTV” across a distance of up to 200 meters, allowing a user to view “iTV” content in the kitchen, washroom, garage, bedroom, backyard, etc.

The one “mini iTV” display, which sounds like a scaled-back iPad hardware of sorts, will apparently come bundled with the iTV, but customers will be able to pay extra to upgrade up to four screens. White noted “the capabilities and features will be very basic and thus not an iPad replacement,” so it’s unclear what that means for the “mini iTV” in terms of functioning as a standalone tablet, but we’re not exactly buying it.

White’s last prediction: iWatch will play an “important role” in the new platform (surprise). Customers will also have to hand over between $1,500 and $2,500 for the iTV, but he claimed there is a possibility the device could be subsidized:

Furthermore, we believe “iWatch” will be an important part of the “iTV” ecosystem, tapping into “iTV” services in a much more mobile friendly manner, complementing the “iRing”. The interaction between “iTV” and making phone calls will be an important feature of this experience, while the “iWatch” and “iRing” will provide increased mobility around the home, supplanting the need to carry a smartphone around the house. Finally, we believe consumers will pay approximately $1,500 to $2,500 for the “iTV” package. The price will be based on the number of “mini iTV” screens in the package and the screen size of the “iTV”. Also, we are being told that “iTV” could be subsidized by certain service providers to expand the market opportunity.

Most of White’s intel today seems to line up with past predictions from analysts, including mentions that the next iPhone will include fingerprint sensor tech. Previous reports claimed components in the 46- to 55-inch range were currently in testing, while the price and motion controller predictions have also been discussed previously.

One interesting aspect of White’s note is the second-screen experience. It’s unclear if these devices would be scaled-back iPad hardware or simply iPads bundled with the iTV alongside dedicated apps, but we definitely expect the second screen/Airplay experience for iPhone and iPad users to play a big role in Apple’s new TV platform. As for whether an Apple HDTV with iRing will really launch later this year, your guess is about as good as White’s.


Comments Off on Analyst: Apple HDTV coming this year with ‘iRing’ motion controller & ‘mini iTV’ second screen experience

Photo

Jordan Kahn

April 3rd

Apple

Mac

Analyst backs up rumors of a June launch for iPhone 5S in multiple colors & screen sizes

Color-iPhone-5Pretty much mirroring a report from Jeffries analyst Peter Misek last month, Topeka Capital Markets analyst Brian White said today that he expects Apple to release an iPhone 5S in multiple colors in June (via BGR):

“Our checks indicate that the next iPhone will have more choices for customers,” the analyst wrote. “This entails an expansion in both the color patterns and screen sizes with the next iPhone (i.e., likely called the iPhone 5S) that we currently believe will be launched in May/June with certain supply production starting in March/April.”

Like Misek, who expects Apple to release the next-gen iPhone in six to eight colors, White is expecting Apple to release pink, yellow, blue, white and silver, and black and slate variants of the “iPhone 5S”. Misek also claimed last month that the new device could feature an improved camera, NFC, and better battery life.

White also believes Apple could launch the new model of the iPhone in multiple screen sizes for the first time:

“Our checks are also indicating that the next iPhone will offer customers more choice in terms of screen size,” White reported. “Although Apple offers a 4-inch screen on the iPhone 5 and a 3.5-inch screen on the iPhone 4S and iPhone 4, the Company has never offered multiple screen sizes for a single model. We believe this is about to change with the next iPhone offering different screen sizes that we believe will allow Apple to better bifurcate the market and expand its reach.”


Comments Off on Analyst backs up rumors of a June launch for iPhone 5S in multiple colors & screen sizes

Photo

Jordan Kahn

January 2nd

Apple

Mac

Analyst backs up rumors of a June launch for iPhone 5S in multiple colors & screen sizes

Color-iPhone-5

Image via Anostyle

Pretty much mirroring a report from Jeffries analyst Peter Misek last month, Topeka Capital Markets analyst Brian White said today that he expects Apple to release an iPhone 5S in multiple colors in June (via BGR):

“Our checks indicate that the next iPhone will have more choices for customers,” the analyst wrote. “This entails an expansion in both the color patterns and screen sizes with the next iPhone (i.e., likely called the iPhone 5S) that we currently believe will be launched in May/June with certain supply production starting in March/April.”

Like Misek, who expects Apple to release the next-gen iPhone in six to eight colors, White is expecting Apple to release pink, yellow, blue, white and silver, and black and slate variants of the “iPhone 5S”. Misek also claimed last month that the new device could feature an improved camera, NFC, and better battery life.

White also believes Apple could launch the new model of the iPhone in multiple screen sizes for the first time:

“Our checks are also indicating that the next iPhone will offer customers more choice in terms of screen size,” White reported. “Although Apple offers a 4-inch screen on the iPhone 5 and a 3.5-inch screen on the iPhone 4S and iPhone 4, the Company has never offered multiple screen sizes for a single model. We believe this is about to change with the next iPhone offering different screen sizes that we believe will allow Apple to better bifurcate the market and expand its reach.”


Comments Off on Analyst backs up rumors of a June launch for iPhone 5S in multiple colors & screen sizes

Photo

Jordan Kahn

January 2nd

Apple

Mac

‘Apple fever rocks on’

Despite early-morning jitters on Wall Street, Apple on Tuesday reported yet another blow-out quarter. The Cupertino, California-based company managed the second most profitable quarter in its history, posting a net profit of $11.6 billion on $39.2 billion in sales. Apple sold 35.1 million iPhones into channels last quarter, along with 11.8 million iPads, 7.7 million iPods and 4 million Mac computers. While the firm continues to dominate the technology industry — Apple is currently the most valuable company in the world — several analysts think Apple is just getting started.

In a note to clients on Wednesday, Topeka Capital Markets analyst Brian White raised his 12-month price target on shares of Apple stock to $1,111 from his earlier target of $1,001. “Apple fever rocks on,” the analyst wrote. “Combined with our expectations for accelerated momentum over the next year with the iPhone 5, an Apple TV, an ‘iPad Mini‘ and a potential relationship with China Mobile, gives us confidence that the stock has meaningful upside potential from current levels.”

White notes that Apple’s margin performance in the second fiscal quarter was “nothing short of extraordinary” — Apple achieved a record gross margin of 47.4% while also managing a record operating margin of 39.3%. The analyst also wrote that any concerns over carriers squeezing iPhone subsidies have been put to bed, and Apple CEO Tim Cook confirmed as much during the company’s earnings call on Tuesday evening.

Apple issued especially conservative guidance for the third fiscal quarter according to White, likely because its next generation iPhone will not launch until some time this fall and the upcoming “iTV” is expected to launch in the fourth calendar quarter. BGR exclusively reported in December that Apple plans to launch a redesigned iPhone in Fall 2012, and recent reports suggest Apple’s much-rumored HDTV will follow ahead of the holidays.

Cannacord Genuity analyst Mike Walkley thinks the best is yet to come for Apple as well. “While our checks indicate slowing iPhone sales ahead of the iPhone 5 launch, we believe very strong international iPhone sales position Apple for very strong sales of an LTE iPhone 5 in the December quarter and beyond to drive strong F2013 earnings growth,” the analyst wrote in a note to investors on Wednesday.

Walkley continued, “We maintain our belief Apple is well positioned for strong sales and earnings growth driven by new product introductions across its portfolio, including iPhone 5 during this fall and iTV during F2013. Given our increased confidence of an iTV launch, we are adding iTV sales to our higher F2013 estimates. We reiterate our BUY rating and increase our target to $775.”

Comments Off on ‘Apple fever rocks on’

Photo

Zach Epstein

April 25th

Apple

iPhone with 4-inch display and ‘new sleek look’ to launch in Q3, Topeka says

Likely offsetting an earlier note suggesting Apple’s run may soon slow, a new report on Monday suggests that the Cupertino-based technology giant is reportedly preparing to launch a redesigned iPhone handset in the third quarter this year, featuring a 4-inch display and a sleek new unibody case. While meeting with supply chain players in China, Topeka Capital Markets analyst Brian White received indications that Apple’s next iPhone is going to be a completely new device. “The buzz around the new iPhone 5 is growing in Asia and speculation around the timing of the launch has begun,” White, who raised his price target on Apple stock to $1,001 last week, wrote in a note to investors. Read on for more.

“In our view, this will be the most significant iPhone upgrade with a four-inch screen and a new, sleek look that we believe will require a Unibody case,” White said. “This new, sleek look will be the most important reason that consumers decide to upgrade to the iPhone 5, while we believe the addition of 4G will also attract buyers of the new device. We believe the iPhone 5 ramp for the December quarter could be extraordinary, dwarfing previous launches and driving the stock closer to our $1,001 price target.”

White believes that preliminary component production for Apple’s next-generation iPhone could begin in June, and he expects the phone to launch in August or September. An earlier report citing a Foxconn executive suggested that Apple’s new iPhone will launch in October, and BGR exclusively reported late last year that Apple plans to release a new iPhone with a completely redesigned antenna system this fall.

Comments Off on iPhone with 4-inch display and ‘new sleek look’ to launch in Q3, Topeka says

Photo

Zach Epstein

April 9th

Apple

Rivals already eying Google eyewear; Project Glass competitors now in development

Google unveiled “Project Glass” earlier this week, an undertaking that it hopes will bring eyewear equipped with heads-up display technology to the masses. The new glasses currently in development include an integrated transparent display that projects images and data in the wearer’s field of vision. HUD technology such as this could allow users to pair Google’s glasses with a smartphone and view data while the handset remains tucked away, or they could operate as a standalone product with an integrated chipset and embedded flash memory. The project has stirred up a healthy amount of intrigue within the media and among consumers, and Google’s competition has apparently taken note.

Though Project Glass was revealed just this week, rival companies already have similar products in development according to Topeka Capital Markets analyst Brian White.

White is currently meeting with supply chain companies in China and Taiwan, and he shared several insights from meetings in Taipei in a note to investors Thursday night. White observed an overall optimistic tone during his first day of meetings as companies prepare for a seasonal ramp-up in production. This is sharp contrast to the tone White observed in similar meetings late last year.

The analyst saw cautious optimism for the ultrabook market and LCD trends that are seemingly stabilizing. As an interesting side note, however, he also stated that multiple companies are already working on responses to Google’s just-announced smart glasses.

“Our meetings today indicate that Google glasses (a.k.a., Project Glass) already has competitors working on similar initiatives to improve consumer’s mobility around Internet access,” White wrote. “We expect to be hear more about projects such as this and others in the coming years. This could drive a new wave of innovation across the mobility space.”

White did not elaborate on what distinguishing features these rival devices might include, and he did not indicate which Google competitors might currently be working on HUD glasses to rival Google’s Project Glass.

Comments Off on Rivals already eying Google eyewear; Project Glass competitors now in development

Photo

Zach Epstein

April 6th

Uncategorized

Topeka: ‘Apple fever has more room to run’

The world’s most valuable company is showing no signs of slowing down, and numerous industry watchers believe Apple will continue to grow despite increased competition from rivals like Samsung. Topeka Capital Markets, new home to analyst Brian White, on Monday initiated coverage of Apple with a Buy rating and a sky-high $1,001 price target. “Driven by an ever expanding portfolio of innovative products, a growing integrated digital grid, unmatched aesthetics and a brand that is able to touch the soul of consumers of all backgrounds, Apple fever is spreading like a wildfire around the world and we see no end in sight to this trend,” White wrote in a note to investors on Monday. Read on for more.

White sees plenty of upside for Apple right now, and he lists three key points that will positively impact the company’s position in the near term. First, Apple’s entry into the 4G LTE space with the new iPad seemingly shows that Apple is prepared for what White calls “the rise of the mobile Internet.” 4G LTE networks are still very young, and the analyst sees Apple emerging as a 4G leader as network buildouts continue. White also believes the next-generation iPhone, which he refers to as the iPhone 5, will include integrated 4G LTE connectivity.

China is the second key factor for Apple’s upcoming growth, according to White. The country recently surpassed 1 billion mobile subscribers, and White believes Apple is about to make significant headway in the region. ”Apple just recently added China Telecom (CHA, $54.90, NR) as the second carrier in China authorized to carry the iPhone. However, China Mobile (CHL, $55.08, NR) remains the largest carrier with 66% market share in the country and still does not officially offer the iPhone but we expect will over the next year,” the analyst wrote.

Finally, Apple is about to launch an entirely new product line that will immediately see the Cupertino, California-based company become a major player in a $100 billion market.

“In our view, the recent launch of the new 1080p Apple TV with a refined user interface is another step down the road toward Apple unveiling a full blown TV in the future,” White wrote. “Apple’s digital grid is tough to match and iCloud further strengthens this ecosystem, however, Apple is missing an important product and that is a full blown TV. We believe the pieces are in place for a launch over the next year, driving an entirely new $100 billion market opportunity, while further strengthening the Company’s digital grid and providing customers with a new TV experience.”

Comments Off on Topeka: ‘Apple fever has more room to run’

Photo

Zach Epstein

April 2nd

Apple
line
August 2016
M T W T F S S
« Jul    
1234567
891011121314
15161718192021
22232425262728
293031