Apple Media Event: A couple days back, we published this story: Peter Misek Talks about Potential for Apple Inc. TV. We talked about Peter Misek, an analyst for Jefferies Equity Research, discussing the possibility of Apple Inc. (NASDAQ:AAPL) “preparing for a product event next month related to the television space.”
While this rumor appears to be unfounded at this point, analyst Gene Munster of Piper Jaffray has his own idea of what could be happening at an Apple hosted even sometime during the month of March or April.
According to AppleInsider, here is what Munster told clients earlier today:
“We believe that looking at the history of time between Apple product launch events suggests that the company will introduce something new in March or April. Over the past two years, the Spring event has been iPad updates.”
Even furthermore, he believes that recent updates that included only minor changes could be pointing towards a major redesign to the full full-sized iPad with Retina display.
The article goes on to add the following:
“Munster told clients that he went back and combed over several years of events where Apple launched a significant new hardware product and paid special attention to the time lapses between those events. Since the June 8th, 2009 launch of the iPhone 3GS, Apple has held 11 major product launch events, he said.”
“The average time between the events has been 123 days, about 4 months. The longest amount of time between events since the 3GS launch in 2009 was 216 days (about 7 months), which was the gap between the iPad 2 launch in March 2011 and the iPhone 4S launch in October 2011.”
If these numbers are correct and Apple Inc. (NASDAQ:AAPL) sticks with the norm, there is a very good chance that Munster is right in his assessment.
He added, “We believe the most likely scenario is an event in between the two, i.e. March or April.”
But what about the Apple TV that so many are craving? While he does not necessarily believe an upcoming event is going to discuss this possibility, he did add the following information:
“We would expect to see an Apple TV update in the next six months if Apple plans to launch a television by the end of the year, which we still expect. We believe the updated Apple TV software could ‘prime the pump’ for the ultimate television.”
What are your thoughts on these Apple predictions by Gene Munster of Piper Jaffray?
Check back here for more updates on Apple Media Event.
DISCLOSURE: I have no positions in any stock mentioned.
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