There has been much speculation over what to expect to see from Apple in 2013. CNET recently reported on the contradicting analysis of the company, indicating that Citi analysts are lowering ratings on Apple stock from buy to neutral. However, the source additionally reported that Apple's prospects for the long term are particularly promising.
According to the source, Citi analyst Glen Yeung suggested that the company is a sound investment long-term mainly due to a number of new products debuting next year. These products include the iPhone 5S, the iPad 5 set to come out in the second half of the year, the next generation iPad Mini with an anticipated new Retina Display also set to launch in the second half of the year and the rumored large-screen iPhone or iPad with a phone feature expected in the second half of the year.
Morgan Stanley analyst Katy Huberty told CNET the demand for Apple products like the iPhone and iPad are stronger than ever.
“A greater percentage of consumers plan to purchase the higher priced iPhone 5 as compared to iPhone 4S mix a year ago,” Huberty stated.
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