Piper Jaffray Apple analyst Gene Munster is out today with an updated outlook for the company, warning that Apple will not have any major product announcements until June and likely miss its June guidance with lower than expected iPhone and Mac sales.
In other words, the Retina iPad mini he predicted would launch in March– not happening. Instead, Munster says Apple could possibly announce an incremental upgrade to iPad or iTunes in April and not have a major product announcement until the iPhone 5S lands in late June. He also told Bloomberg this morning (video above) that a cheaper iPhone would be announced in September through a deal with China Mobile and ship in September/October.
Gene is still praying for an Apple HDTV this year telling Bloomberg this morning that there is “no question whether its a set top box vs a TV, its an actual TV.” He is hoping Apple announces its full fledged television set by the end of the year.
Gene also thinks that Apple’s iWatch won’t make an appearance until 2014 while noting that wearable technology has an opportunity to cannibalize the phone market within 5-10 years.