In a note to clients — as reported by “AppleInsider” (http://www.appleinsider.com) — Morgan Stanley analyst Katy Huberty says her talks with “unnamed individuals in Taiwan” indicate that Apple will begin production of the iPhone 5 in mid to late August.
She added that, based on her intelligence, the new handset will launch and be available to consumers sometime near the end of the third calendar quarter of the year, which ends September. Lower priced iPhones and an Apple-branded TV may also be in the works, the analyst said.
“We also believe Apple is in the early design stages for a TV, which could add $19 billion and $4.50 of annual revenue and EPS longer-term,” Huberty told clients. In March, the analyst reported that checks in Asia suggested Apple was working on a “Smart TV prototype.”