Jobs may introduce new iPhone at Apple’s June developers event
Bloomberg reports: Apple Inc. Chief Executive Officer Steve Jobs’ scheduled appearance at the Worldwide Developers Conference suggests the company may be ready to introduce a next-generation iPhone, analysts said.
“Given Apple’s track record, the most likely scenario is that they’ll introduce new hardware, in this case the latest iPhone,” William Kreher, a St. Louis-based analyst at Edward Jones & Co., said in an interview.
Jobs, 55, will deliver a speech at the five-day meeting on June 7, the Cupertino, California-based company said today in a statement. The event sold out in eight days to more than 5,000 developers, Apple said.
Apple has previously introduced products at the conference. The newest iPhone will probably have improved battery life and a front-facing camera, said Charlie Wolf, a New York-based Needham & Co. analyst. He said in an interview that Jobs will probably show the device during his keynote address.
Apple Chief Operating Officer Tim Cook introduced a faster model of the iPhone at last year’s event. Jobs was unable to attend because he was on medical leave. The CEO, a cancer survivor, had a liver transplant last year, a person familiar with the matter said at the time.
Apple rose $7.88, or 3.3 percent, to $250.20 at 10:42 a.m. New York time in Nasdaq Stock Market trading. The shares had gained 15 percent this year before today.
“Given Apple’s track record, the most likely scenario is that they’ll introduce new hardware, in this case the latest iPhone,” William Kreher, a St. Louis-based analyst at Edward Jones & Co., said in an interview.
Jobs, 55, will deliver a speech at the five-day meeting on June 7, the Cupertino, California-based company said today in a statement. The event sold out in eight days to more than 5,000 developers, Apple said.
Apple has previously introduced products at the conference. The newest iPhone will probably have improved battery life and a front-facing camera, said Charlie Wolf, a New York-based Needham & Co. analyst. He said in an interview that Jobs will probably show the device during his keynote address.
Apple Chief Operating Officer Tim Cook introduced a faster model of the iPhone at last year’s event. Jobs was unable to attend because he was on medical leave. The CEO, a cancer survivor, had a liver transplant last year, a person familiar with the matter said at the time.
Apple rose $7.88, or 3.3 percent, to $250.20 at 10:42 a.m. New York time in Nasdaq Stock Market trading. The shares had gained 15 percent this year before today.
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