Next Apple Announcement: When it comes to the best information on Apple Inc. (NASDAQ:AAPL), you often times don’t have to look any further than the analysts that pay so much attention to Apple.
For example, Morgan Stanley analyst Katy Huberty recently met with management at Apple Inc. (NASDAQ:AAPL). As you can imagine, this was an interesting get together that proved to provide a lot of information on what the Cupertino-based company may be looking to accomplish in the future.
According to a piece by AppleInsider.com, “in a note to investors on Thursday, Morgan Stanley analyst Katy Huberty, who recently met with Apple management, said the company could debut new internet-based services as well as a “killer app” later this year.”
If Huberty is correct, we may not have to wait very long for this news from Apple. She believes that some sort of announcement on a new internet service could come during the Worldwide Developers Conference in June 2013. This could be anything from a mobile payment system to a streaming music service.
In the note, Huberty included the following information:
“We believe Apple could charge either developers or users for some of these services, which could boost Apple’s annuitized revenue stream and better monetize its large user base. For example, Apple could offer a streaming music service using a freemium model.”
With this model, users would have the ability to download media for free. Of course, Apple Inc. (NASDAQ:AAPL) would make its share of money through in-app purchases as well as private advertising deals.
As interesting as this may be, Huberty discussed other details, such as the next Apple iPhone, which is sure to get people excited.
She feels that 2013 will bring the release of the iPhone 5S along with a more affordable smartphone. On top of this, she is expecting a deal with China Mobile in the near future. This is something the company has been talking about for quite some time, and would definitely do big things in a market that has so much potential.
At this time, a price target of $600 and an “overweight” rating on Apple Inc. (NASDAQ:AAPL) shares are Morgan Stanley‘s forward-looking metrics.
What do you think about Huberty’s feelings on Apple after her meeting with management?
Share your thoughts in the comment section below, and for a “potential” sneak peek at what Apple’s next operating system, possibly iOS 7, may look like: