Apple's Next Big Thing Will Be Huge
If your company has been going up against Apple Inc. (Nasdaq: AAPL) in the smartphone, tablet PC, or digital music player markets, be very afraid. Apple's return salvo may catch you completely by surprise.
The company has been too quiet recently. Ominously quiet. The silence can only mean one thing: Apple will come out soon with another major product line that will redefine its market segment. That's my prediction. How do I know? Apple's late founder, chairman and CEO Steve Jobs promised the company will be rolling out some extraordinary breakthrough technologies in the near future. I believe the process of rolling out the next product from Apple is peaking currently and we should see something compelling from the company within months.
In order to continue pacing the competition, Apple has to keep its innovation engine humming. Jobs's demise is unlikely to hamper this, at least not in the short term. All indications are that the company had a batch of products it was working on before his death. Speculations within the industry include an update to the Apple TV box -- some say it might be a conventional TV-support product (miniaturized) with video streaming capabilities. I believe Apple will probably unveil a new device that will unsettle many and redefine the video entertainment industry. It will definitely combine the best of Apple hardware and software with industry content.
I am fascinated with the growing speculations in the industry about the next products Apple might introduce for entertainment. These include a Siri or voice-controlled HDTV, an Apple iTV that transforms the television experience -- one that an analyst believes the industry isn't quite prepared for, or a direct invasion of the publishing and educational books market.
We may only speculate on what Apple has in mind next, but we can also be certain it won't be another humdrum product. The company's future hangs on its ability to wow the consumer market, r
The iTV should have a siri remote that you can tak to instead of pressing damn buttons! Just tell it what you want to watch or what channel to turn to. It would make my life so much easier! ;-}
What are you going to do with a TV really??? A giant IPAD with no content or internet connection? They buy comcast and buy netflix with their cash and then they are in business, but that is not happening.
The reality is, anything in TV space will be nominal like a watch will be. If they announce a watch, TV and dividend tomorrow the stock might get to $500.
That being said, it is undervalued right now, just not by much.
Job's was a saleman. He claimed the 3gs was mind blowing, but it was not. Apple does not pay attention to negative rumors. They are cocky and think the market will be patient. They will role out exactly what everyone thinks they will role out and it will be nice, but not revolutionary.
The stock will tick up and do fine, but the high flying days are gone. It will trade right around 10x earnings for every.
STEVE JOBS showed an ability to innovate - both at Apple and elsewhere. Apple without Jobs hasn't shown us any such ability and the jury is still out. For you to simply assume successful innovation is nothing more than Faith-Based Investing and I want no part of that. If a Tim Cook-led Apple shows us a blockbuster product, I'll be able to buy the stock up 10% from wherever it is trading at the time. Markets are always slow to react to directional change.