JP Morgan retracts. Now says "No" to near term "Nano" iPhone

JP Morgan has just issued a note retracting Kevin Chang's earlier projection about a near term iPhone Nano. The new report says that the majority of Chang's assumptions appear to have come from a review of the patent that was published last week, adding that a near-term launch of an iPhone-nano product would be "unusual and highly risky". TUAW brings you the entire report in this exclusive online gallery.
Thanks Jeff
Share
Categories
JP Morgan has just issued a note retracting Kevin Chang's earlier projection about a near term iPhone Nano. The new report says that the...
Add a Comment
Oh, please. Just filing a patent application does not indicate anything at all. It's just a motion for further intent.
Mark Rosenberg
Patent Consultant
Patentclaim.com, protectors of patent infringement
A phone the size of a ipod nano would be too small and not user friendly... I'm reminded of the joke youtube ipod "flea" commercial at...
http://www.youtube.com/watch?v=qRt3Yaups1c
The heart of all iPhones is a nano powered by the blood of a young indian child.
July 10 2007 at 7:27 PM Report abuse Permalink rate up rate down ReplyThese guys think the know everything about everything. Obviously Apple will eventually come out with a different, smaller model. Will it be this year, next year? I suspect within a year, but your guess is as good as mine. I published the following post in Google and Yahoo Finance. See if anybody has an opinion on it.
What people fail to realize is that Apple probably, in my opinion,
gets a share of the AT&T revenue. If you recall, Verizon did not want
to do the deal with Apple. I am pretty sure that Apple Stores get a
share of the revenue when a customer switches over just as your local
Cellular store gets paid when they get a customer for AT&T. I suspect
the payment is around $300 per person plus some type of on-going share
of revenues but I have no real basis for that number. I think I heard
once that a store gets around $250 to sign a customer to a new
contract.
Why else would Apple go with an exclusive provider? If they are not
getting more money, they would make it for any provider?
As a side note, I own AAPL shares and options.
I followed it with this post:
Therefore, if you take 10 million as the number of sales by the end of
2008, which seems almost conservative now, multiply that by $300, you
get an extra $3 billion in earnings that nobody is talking about. I am
a HUGE aapl bull.
My further analysis is:
If somebody puts a 40X multiple on those earnings, that more than doubles AAPL market value. I don;t expect it to double in price, but I do expect a HUGE move to the upside.
Once again, I own AAPL shares and Calls so my opinion might be biased, but that is my thinking.
you are over digging all of your mediocre (at best) articles about your current obsession.
July 10 2007 at 7:03 PM Report abuse Permalink rate up rate down Reply"Did anyone check the volume of AAPL today?"
About 15% higher than usual...nothing extraordinary.
I'm pretty sure you're not allowed to republish the JPM report like that...
July 10 2007 at 6:30 PM Report abuse Permalink rate up rate down ReplyDid anyone check the volume of AAPL today?
July 10 2007 at 6:00 PM Report abuse Permalink rate up rate down ReplyI still say an iPhone nano is coming. There is too much branding behind the name nano! If they come out with a cheaper smaller version of the iPhone, the name Nano would make the product sleeker, and more desirable. It would be a marketing and business mistake to not come out with a iPhone nano in my opinion.
-----------------------
AJ Vaynerchuk
Check out my iPhone link blog - http://www.ajvaynerchuk.com/iphone
optimized and fitted for reading on your iPhone
Hot Apps on TUAW
Deals of the Day
more deals- Used Apple MacBook Pro Core i5 2.4GHz 13" Laptop for $900 + free shipping
- Case Logic Case for iPad for $10 + free shipping
- Belkin Shield Micra for iPhone 4 or 4S for $10 + $5 s&h
- MoGo Talk XD Bluetooth Headset / Case for iPhone 4 for $20 + free shipping
- Photoshop Elements 10 and Premiere 10 for PC & Mac $60 + $7 s&h
- Apple Wireless Bluetooth Keyboard for $40 + $10 s&h



15 Comments