Ho ho ho! No iPad 3 in your Christmas stocking

Ane Howard · September 19, 2011 · Short URL: https://vator.tv/n/1f1b

Analyst says not to expect a new model before 2012 - Two iPhone models to be released this Fall

iPad stockingIf you were hoping to stuff your Christmas stocking with an iPad 3, J.P. Morgan analyst Mark Moskowitz has three words for you: “forget about it."

In a newly published report, Moskowitz reports that, in spite of numerous rumors and speculations, a new Apple tablet is not to be seen before 2012.

"In recent months, there has been rising investor speculation that a new iPad 3 would be launched for the holiday season," Moskowitz writes in a research note to clients. "Expect no iPad 3 this year. There are prototypes in the supply chain related to the next-generation device, but our conversations with industry participants suggest that a new device will not be available until sometime in C2012.

"In our view, that timing appears reasonable, given the rigid refresh cycles that Apple applies to all of its  product lines. iPad 2 just launched this past spring. We do not think Apple needs to be in a rush to unveil a new iPad."

Despite efforts from competitors, neither Motorola (with the Xoom), Samsung (Galaxy Tablet), nor RIM (BlackBerry PlayBook) have been able to achieve the success of Apple’s iPad tablet. Worldwide, 9.25 million iPads were sold by Apple in its latest quarter.

On the other hand, J.P. Morgan revealed on Monday morning that iPhone lovers may be in for a treat.

The release of two new iPhone models this Fall is scheduled, according to a report. A newly redesigned "iPhone 5," along with an upgraded "iPhone 4-plus" that would target midrange smartphone buyers, are both scheduled, particularly in emerging markets like China.

The report states: "The implications of this two-pronged launch are meaningful, likely leading to upside potential to iPhone quarterly shipment rates. A device targeting China could add to Apple’s super growth rates recently exhibited in the region."

"While we think a China-focused iPhone could be in the works, it is not likely to be exclusive to the region. There could be other use cases, particularly in the midrange. Either way, the size of the China opportunity overcomes any potential drawbacks ofmaking a specially-designed device for a few wireless carriers in one region, in ourview. In China, Apple currently sells its iPhone 4 only through China Unicom."

As of March 2011, 108 million iPhone have been sold worldwide.

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Ane Howard

I am a social journalist covering technology innovations and the founder of RushPRNews.com, an international newswire.

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