Analyst sees delays for Apple iPhone 5S, low cost iPhone and Apple iPad mini 2; stock plunges

Analyst sees delays for Apple iPhone 5S, low cost iPhone and Apple iPad mini 2; stock plunges
Jefferies analyst Peter Misek says that Apple could be facing a couple of disappointing earnings reports ahead. Misek says that Apple is being forced to delay the launch of the Apple iPhone 5S, the low cost version of the Apple iPhone and the Apple iPad mini 2. Misek has a different reason for the delay of each device which comes after his recent visit to the Far East.

According to the analyst, the Apple iPhone 5S is having pre-production issues. Mass-production of the phone is at least a month away, Misek stated. Along with the delay in iOS 7, he says a July launch of the next iteration of the iPhone is out of the question. He also says that there is no chance that we will see the Apple iPhone 6 in calendar year 2013. That last point is a bit odd since no one had expected the iPhone 6 until 2014.

The low cost version of the Apple iPhone, expected to be produced for emerging markets like China and India, is now delayed and Misek sees a Q4 launch a possibility. Lastly, problems that Apple's partners are having producing Retina display screens for the next Apple iPad mini could lead to a launch later in the second quarter than originally thought. Raising the resolution on the iPad mini was an important target for Apple since the 1024 x 768 resolution screen on the current 7.9 inch device has a rather poor pixel density of 162ppi.

The combination of the possible product delays and a weak market disturbed by domestic events, pushed Apple briefly under $400 earlier on Wednesday. The stock, which hit a 52 week high last September 21st at $705 on the launch of the Apple iPhone 5, is now trading at $401, down more than 5% on the day, or $25. Wednesday's low was $398.11 which is a new 52 week low.

source: BGR

Apple made a new 52 week low on Wednesday

Apple made a new 52 week low on Wednesday


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135 Comments

1. chistoefurpuffer

Posts: 140; Member since: Mar 11, 2013

Haha. Poor Apple.

7. TROLL

Posts: 4851; Member since: Apr 13, 2012

Haha lmao! Great news!

64. Emily1985

Posts: 127; Member since: Nov 08, 2012

Yes, Good news, and Samsung also on the way down.

68. TROLL

Posts: 4851; Member since: Apr 13, 2012

Samsung......Yea in your dreams it has™®

83. Emily1985

Posts: 127; Member since: Nov 08, 2012

I smelled you a Samsung fan from miles away, How much they pay you?

89. darkkjedii

Posts: 30833; Member since: Feb 05, 2011

Emily, you and Troll behave lol. No flame war

95. TROLL

Posts: 4851; Member since: Apr 13, 2012

Yea Dark tell her™

101. Emily1985

Posts: 127; Member since: Nov 08, 2012

So where is the fun?

110. TROLL

Posts: 4851; Member since: Apr 13, 2012

True™

93. TROLL

Posts: 4851; Member since: Apr 13, 2012

Not a Samsung fan, but an Android™ Like Samsung Sony Htc iPhone LG Moto oPpo5 Nokia©

104. Emily1985

Posts: 127; Member since: Nov 08, 2012

I want to understand from where comes all this hate?

107. darkkjedii

Posts: 30833; Member since: Feb 05, 2011

I wish I knew Emily. It gets really bad too, I don't know if your new to this site, but if you are and you're an apple user...get ready for lotsa hate. Most of the android users are very cool people, just here to chat and connect with others. Then there's lolioslol, PhoneArenaUser, OpenSourceftw, droiddoes, GMracer1, and Taters. I'm sure you'll experience them soon enough. Troll is actually a cool guy, he just loves to kid around so don't take him serious...he's just having fun.

112. TROLL

Posts: 4851; Member since: Apr 13, 2012

You still remember them? Were are all the regular posters gone...™ And dark you forgot Billythebutpounder

118. darkkjedii

Posts: 30833; Member since: Feb 05, 2011

I think he got a permanent vacation from PA.

114. Emily1985

Posts: 127; Member since: Nov 08, 2012

I've never used Apple devices, I've used Android in the last two years and now the amazing Lumia 920 but I respect Apple . I see a lot of people pick on Apple, BlackBerry and Nokia but only Nokia fans strong enough to fight back ;).

117. darkkjedii

Posts: 30833; Member since: Feb 05, 2011

Yep a lot of apple fans have gone to other sites. They say they just got sick of the disrespect they get. I chat with some of them on done other sites.

123. TROLL

Posts: 4851; Member since: Apr 13, 2012

2 to 4 years ago there were 35% apple users on Pa, but now around 10 users are left™ I think its cause of the bad sad mad and low hate names the other OS users call them, and realized buying the same phone and same ios over over again. There are more Android Fandroids on the net than other users™ Dont agree, Red from me®

124. TROLL

Posts: 4851; Member since: Apr 13, 2012

Dark emily is kinda new, ive seen her post befor. Maybe on pa for 6 or 9 months?

126. darkkjedii

Posts: 30833; Member since: Feb 05, 2011

Ok cuz I'd never seen her till today

125. UrbanPhantom

Posts: 949; Member since: Oct 30, 2012

Lots of WP8 fandroid haters on this site also, but then it's possible either Google or Samsung pays these shills to spread misinformation about competing products available on other platforms. It's also very possible many of these hardcore critics are malware developers and distributors, who are into stealing various types of user information for the purpose of committing cyber-crimes. They clearly wish to prevent so called "walled gardens", the likes of which might hinder their illegal activities... As for Apple, the king is dead - long live the king! I guess Steve Jobs was the king, and now Apple is just another Tech company. Google is at the top now, but every star goes Nova, eventually, and they can expect increasing competition from Microsoft and Nokia, and other WP OEM's as well - count on it!

131. dangchitrung

Posts: 89; Member since: Apr 04, 2012

They pay us satisfaction and pleasure.

108. joey_sfb

Posts: 6794; Member since: Mar 29, 2012

Don't really care if Samsung stock is down as long as they provide high spec phone at a reasonable price preferable much lower than iphone 5s. Well, apple time to up the price for iPhone 5s to make up for the stock losses.

116. Emily1985

Posts: 127; Member since: Nov 08, 2012

I hope you do not invest in stock because it is just the opposite.

119. darkkjedii

Posts: 30833; Member since: Feb 05, 2011

Exactly. He's just blowing hot air I guess

121. Emily1985

Posts: 127; Member since: Nov 08, 2012

I'm sure he blowing, but it is not hot air.

122. darkkjedii

Posts: 30833; Member since: Feb 05, 2011

Lmao.

135. oldmandaddy

Posts: 64; Member since: May 01, 2010

I prefer pay for my own phone but Verizon have to reduce monthly plan , $20 to $30 less.

2. EXkurogane

Posts: 863; Member since: Mar 07, 2013

I personally think writing novels and kids story books would have been a better career for these "anal-ysts".

3. davecann2

Posts: 460; Member since: Mar 15, 2011

Sucks for Apple.. but I called it... 2013 is going to be a bad year for Apple. Especially is they do nothing with the physical appearance of iPhone 5s and same lame design of iOS. Customers and loyalists (like me) want more of what the competition is offering out of Apple. Don't get me wrong... I think the iPhone 5 is a beautiful phone and very functional. The device just doesn't justify an upgrade from my current iPhone 4. Still, I have high hopes and higher expectations form Apple in 2014. I just hope they make the needed changes this year instead.

10. darkkjedii

Posts: 30833; Member since: Feb 05, 2011

On one hand these analysts hit the nail on the head a lot of time Dave. On the other apples secrecy this year seems to indicate something big... I could be totally wrong, but one thing I'm cool with is the delay with ios7. That indicates a change, and if that change is worth it then I'm cool with that. As an apple user I expect more from them this year and am waiting like everyone else, to see what they come up with. I've considered making android my primary OS, but until it has native auto compression/auto edit in the video camera I can't. Both OS's deliver in different areas for me, and both fall short. Android in the video camera, and iOS in the customizable/screen size area...that's why I use both.

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