Put Gene Munster, MG Siegler and Victor Agreda together in one
room and ask them about Apple (NASDAQ:
) and that's what investors would call a must-watch event.
Piper Jaffray analyst Gene Munster is the guy investors listen
to for all things Apple. MG Siegler is venture capitalist and
tech blogger among other credits, and Victor Agreda is
, one of the better-known Apple blogs.
reported that the three spoke on a panel and all agreed that the,
"Apple's glory days are behind it" hype is just that-hype.
Siegler said of the current investor sentiment, "I'd say it's
mostly a media-driven anomaly right now."
Munster said. "I think it's a cycle. They had an
abnormally large amount of products that were released at the end
of the year. So I do think that that, mixed with the executive
shakeup, is changing [the] way that their products are
What about the much rumored Apple TV? All signs point to yes,
according to Munster. The analyst said that his checks make an
Apple TV a certainty. As far as when, that's unknown and based on
"We think it's six months after the App Store comes to Apple
TV. Our best guess is that it's late this year. We don't have it
in our model right now, but we think it will be announced by the
end of this year."
For nearly one year, rumors of Apple finally giving developers
the power to create apps for the current Apple TV have led to
in February that Apple would hold an event in March that would
finally give developers the capability but that rumor was later
The panel thinks the iWatch represents a massive opportunity
for Apple and possibly a longer term replacement for the iPhone
but battery life will be a problem to overcome.
What is Apple's largest income stream with its current
products? International markets.
Munster stated, "I think the international markets, the
lower-cost markets are the biggest reason to be excited about
Apple over the next few years. They can't continue to expand like
this with their current prices. Two hundred dollars in a lot of
markets is a ton of money, and I think Apple historically hasn't
been very sensitive to that, but they're waking up to that
(c) 2013 Benzinga.com. Benzinga does not provide investment
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