With smartphone growth slowing, investment firm J.P. Morgan predicts that Apple's "next big thing" could be a new, converged operating system that could allow an iPhone or iPad to dock into a specifically configured display and run as a more traditional computer.
Apple beat Wall Street expectations and left analysts satisfied with its September quarter, though market watchers are already more focused on anticipated blockbuster sales of new iPhone and iPad models in the current holiday quarter.
Apple surprised many last year when it priced the iPad mini at $329 — more than $100 higher than the Amazon Kindle Fire and Google Nexus 7. But the same premium approach will probably be used to successfully introduce a more affordable iPhone, a new analysis concludes.
Wall Street analysts are dismissing recent concerns over iPhone build plans, with one market watcher saying the order cuts could instead be a sign that Apple seeing improved component yields and product margins.