Piper Jaffray’s Gene Munster is one of the top Apple Inc. (NASDAQ:AAPL) analysts in the markets today. Over the past couple months, Munster has sounded off on a variety of topics concerning the tech giant’s future, from a so-called “iTV” (his most popular prediction), to a dividend boost this spring. The analyst also believes that a deal with cellular behemoth China Mobile “should be a catalyst for iPhone growth in the back half [of 2013],” which might be the event that Apple Inc. (NASDAQ:AAPL) bulls are most looking forward to this year.
According to a new research note (via Apple Insider), Munster also supports the possibility that Apple-created “wearable computers” can be the eventual successor to the iPhone, but not before 2014. Here’s what he had to say:
“We believe technology could progress to a point where consumers have a tablet plus wearable computers, like watches or glasses, that enable simple things like voice calls, texting, quick searches, navigation, etc. through voice control […] Longer term, screens in glasses or projectors could replace the necessity of a screen from a smartphone or tablet.”
While many on Wall Street think that Apple Inc. (NASDAQ:AAPL) will attempt to appeal to emerging market consumers via a low-cost iPhone, as we’ve covered here before, Munster hypothesizes that smart watches or glasses could be the “best answer to addressing” this market.
So what did Munster have to say about Apple Inc. (NASDAQ:AAPL)’s Made for iPhone program (MFi)?