Brian White


'Brian White' Articles

Apple is $100 Billion Away From Becoming World's Only Trillion Dollar Company

Apple shares are currently trading for around $175, giving the iPhone maker a market cap of roughly $900 billion. The valuation puts Apple within $100 billion of becoming the world's only trillion dollar company. Apple shares will have to rise to around the $195 mark for the company to reach a trillion dollar valuation, depending on the rate of its share buybacks, and an increasing number of Wall Street analysts think that will happen. Drexel Hamilton analyst Brian White, who is extremely bullish about Apple, has a lofty 12-month price target of $235 for the company's stock. In other words, he forecasts that Apple could be a $1.2 trillion company within a year.With a market cap of over $900 billion, we believe Apple is on its way to becoming a "trillion dollar baby" as reflected in our price target. We were the first on Wall Street to project that Apple would reach a $1 trillion market cap as reflected by a price target; our current price target of $235.00 equates to approximately a $1.2 trillion market cap.RBC Capital Markets analyst Amit Daryanani has also said Apple has the potential to achieve a trillion dollar market cap, and even surpass that valuation, by the end of 2018. His current price target for Apple shares is $190. Apple could be the world's only trillion dollar company, but it wouldn't be the first. The spice trading Dutch East India Company, founded in 1602, was the first to go public and at one point was valued at over $7 trillion when adjusted for inflation. Wall Street analysts, including White, have been prognosticating Apple becoming a

Wall Street Analyst Says 'Buy the Dip' After Apple's Stock Price Steadily Declines in September

Since hitting an all-time high of $164.94 on September 1, Apple's stock price has steadily declined throughout the month. Apple's closing price of $150.55 on Monday represents a nearly nine percent decline in just under four weeks. Despite some negativity surrounding the stock, one Wall Street analyst believes the recent skid is a buying opportunity. "We believe concerns around the strength of this cycle are misplaced and we would be aggressive buyers of the stock during this correction," said Brian White, a longtime Apple analyst at investment banking firm Drexel Hamilton. White believes the staggered launch of the iPhone 8 and iPhone X is confusing industry observers, who are perhaps worried by reports of shorter lines at Apple retail stores and lower adoption rates of the iPhone 8 and iPhone 8 Plus. "We believe more consumers in the developed parts of the world will pass on the iPhone 8/8 Plus and buy the iPhone X," added White, in a research note obtained by MacRumors. "Those that are on the fence will likely wait to see the iPhone X." White is one of the most bullish Apple analysts, with a lofty $208 price target for the iPhone maker. If the price were to rise that high, Apple would be over a trillion dollar company based on market capitalization. Raymond James analyst Tavis McCourt also said Apple's recent pullback is a "trading opportunity." His survey indicated there could be higher demand for the iPhone X than the firm initially anticipated. Apple's slide has held back the Dow Jones, which is still up around 1.5 percent since the start of

Apple Predicted to Become Trillion Dollar Company Within 12 Months

Apple's stock price has declined around 9 percent from its all-time high of $156.10 in May, but Wall Street analyst Brian White believes the recent sell-off represents "yet another buying opportunity" as investors turn their focus to the so-called "iPhone 8" rumored to launch this fall. White believes Apple remains "among the most underappreciated stocks in the world," according to his research note distributed to clients today. A copy of the report was obtained by MacRumors.In our view, Apple's quarterly results will be less important this summer as investors are focused on the iPhone 8 this fall, along with the company's raised capital distribution initiative, depressed valuation and new innovations as showcased at WWDC. We still believe Apple remains among the most underappreciated stocks in the world.White, an Apple bull, added that the upcoming iPhone cycle is setting up Apple to reach his $202 price target over the next 12 months, which would value the iPhone maker as over a trillion dollar company based on market capitalization. Apple's current market capitalization is around $737 billion.Similar to the bottoming process in Apple during the summer of 2013 that drove a strong rally into the spring of 2015, we believe the bottom in the stock during May 2016 and the upcoming iPhone cycle is setting up Apple to reach our $202.00 price target over the next 12 months.In May, RBC Capital Markets analyst Amit Daryanani also said Apple could reach or exceed a trillion dollar market cap within 12 to 18 months, with a stock price of $192-$195. Like White, Daryanani said

Apple's Stock Down 8% Since Reaching All-Time High Last Month

Apple shares are currently trading for around $143 after Monday's opening bell, around 3.5 percent lower than Friday's closing price of $148.98. Apple CEO Tim Cook at the company's Worldwide Developers Conference last week Apple's stock has dropped around 8 percent since reaching an all-time high of $156.10 on May 12, amid a wider downturn in the stock market. Technology stocks have been hit particularly hard, as some investment firms fear that stocks like Facebook, Amazon, Netflix, and Alphabet in particular rose too quickly. Japanese bank Mizuho downgraded Apple to a "hold" rating today, as analyst Abhey Lamba believes enthusiasm around the company's upcoming product cycle is "fully captured" at current levels, with limited upside to estimates from here on out. The bank lowered its AAPL price target to $150, down from $160. Andy Hargreaves, equity research analyst at Pacific Crest Securities, also downgraded Apple's stock last week. In a research note distributed to clients, he said excitement surrounding the so-called "iPhone 8" appeared to be "priced in," compounded by risks such as the potential for gross margin pressure. Wall Street analyst Brian White of Drexel Hamilton believes otherwise, calling the recent dip in Apple's stock price another buying opportunity. "In our view, Friday's sell-off in Apple represents yet another buying opportunity as investors turn their focus to the iPhone 8 this fall, along with the company's raised capital distribution initiative, depressed valuation, and new innovations," said White, in a research note distributed to

Apple Reaches $800 Billion Valuation On Path to Becoming World's First Trillion Dollar Company

Apple's stock is currently trading above the $153 mark for the first time ever, after factoring in a 7-for-1 split in 2014, giving the company a record-high market cap of roughly $800 billion. That means Apple is within $200 billion of becoming the world's first trillion dollar company. Google Finance values Apple at closer to the $810 billion mark today, but the tool appears to be overcounting the company's number of outstanding shares, which totaled 5,225,791,000 as of last quarter. Apple's outstanding shares have declined as the company continues its share buyback program. Apple's stock has been on an impressive run since dropping to as low as $89.47 in 2016, when the iPhone maker reported its first decline in annual revenue since 2001, and its first drop in iPhone sales ever. Apple analyst Brian White of Wall Street investment firm Drexel Hamilton continues to believe Apple "remains among the most underappreciated stocks in the world," with "attractive upside" for investors. White raised his 12-month price target for Apple's stock to $202 today, up from an already bullish $185. An excerpt from White's research note, distributed today and obtained by MacRumors:Apple's valuation has been depressed for years as investors grew concerned that Apple would fall victim to the missteps of consumer electronic companies of the past. However, Apple has proven its resilience through its unique ability to develop hardware, software and services that work seamlessly together. We believe this positions Apple very well to capitalize on the trend toward more "things"

iPhone 8 Pre-Orders Still Expected in September, But Shipments Likely Delayed Until 'Several Weeks Later'

Apple's widely rumored trio of new iPhones, including traditional 4.7-inch and 5.5-inch models and an all-new 5.8-inch model with an OLED display, will likely be available to pre-order in September, but deliveries of the 5.8-inch model will not begin until "several weeks later," says longtime Apple analyst Brian White. An excerpt from White's research note with investment banking firm Drexel Hamilton, obtained by MacRumors:Our contact strongly believes the 5.8-inch iPhone 8 will be delayed by several weeks due to challenges around the 3D sensing technology, but still in time for the December holidays. This is not the first time that we've heard about a potential delay with a new iPhone; however, our contact was so emphatic about the delay that we are taking this data point more seriously. Since it is only April, this situation could improve. Essentially, our contact believes customers will be able to pre-order the new 5.8-inch iPhone 8 along with the new 4.7-inch and 5.5-inch iPhones in September; however, the 5.8-inch iPhone 8 will not be available for delivery until several weeks later.White, who is currently in Taiwan to garner information from Apple's supply chain, cited a "smartphone contact" who is "diligently following the supply chain data points" around the tentatively named "iPhone 8" as the source of his information, so it's not a completely baseless prediction. In fact, White's prediction lines up exactly with recent supply chain information gathered by the research arm of Barclays. The bank similarly expects Apple's first iPhone with an OLED display to

Apple's Stock Soars Past $1,000 Pre-Split Price as Bulls Think 'Golden Opportunity' to Buy Remains

AAPL rose over two percent on Tuesday to close at $143.80, a new all-time high. The stock also surpassed a per-share price of $1,000 when adjusted for Apple's 7-for-1 stock split in June 2014. Apple now has a market valuation of over $750 billion on its path towards becoming the world's first trillion dollar company. The milestone comes as longtime Apple analyst turned venture capitalist Gene Munster told CNBC that now remains a "golden opportunity" to buy Apple stock. Munster's new firm Loup Ventures has a $180 to $200 price range for AAPL, and he expects "clear sailing" for Apple investors in the months ahead. Apple analyst Brian White of brokerage firm Drexel Hamilton maintained his "buy" rating for AAPL today, with a price target of $185. He continues to believe that Apple remains "among the most underappreciated stocks in the world" and that "Apple has Samsung on the ropes like never before in recent memory." An excerpt from White's latest research note obtained by MacRumors:With Apple operating on all cylinders and a strong iPhone launch expected this fall, combined with the rise of more China-based competitors, we believe the pressure is on Samsung to deliver a strong upgrade without any missteps. We believe if Samsung stumbles again, the company's position in the smartphone market could be permanently impaired.Apple analyst Steven Milunovich of investment bank UBS has maintained his "buy" rating for AAPL as well, with a price target of $151 set in late February. In a bullish scenario where Apple has "caught the next major trend," he believes the

Wall Street Firm Says Apple Remains One of the World's Most Unappreciated Stocks

Wall Street brokerage firm Drexel Hamilton today informed its clients it continues to believe Apple is "one of the most underappreciated stocks in the world," according to a research note seen by MacRumors. Apple analyst Brian White retained his "buy" rating for AAPL and $185 price target. Apple shares are currently trading at around $114, their highest level since late October, after rising over 1% in intraday trading. White said Apple continues to face a never-ending waterfall of "gloom and doom" media reports, just months after launching the new MacBook Pro and iPhone 7. Nevertheless, he looks forward to 2017, when he believes Apple will have a "more durable iPhone cycle" that can return the company to more consistent sales growth after three consecutive quarterly declines.Given this weak stock performance over the past couple of years, and our expectation of a more durable iPhone cycle that can return the company to more consistent sales growth, we look forward to 2017. In the near-term, we look for Tim Cook to make Apple grow again in [the first quarter of the 2017 fiscal year] on the back of the iPhone 7 and a happy holiday season, while we look forward increased cash distribution in 2017 [and] the launch of iPhone 8 and more color on future innovations.Drexel Hamilton said Apple's stock has risen by 7% this year, trailing the 10% overall increase in stocks among the S&P 500

Apple's 'Doom and Gloom' Sentiment Reaches 'Extreme Levels,' but iPhone Sales Should Hit Bottom This Quarter

Apple analyst Brian White of Wall Street brokerage firm Drexel Hamilton has issued a research note to investors in which he estimates that Apple will reach a bottom in iPhone sales, and overall revenue and profit, in the third quarter of the 2016 fiscal year, a three-month period that ends in late June. White claimed that all of Apple's supply chain partners that his firm tracks reported May sales that were "softer than historical averages" due to the slowdown, but he forecasted that the much-rumored iPhone 7 series will help Apple's smartphone business return to growth by the second quarter of fiscal 2017. Until then, the bleeding isn't over. The firm estimated Apple will sell 38.5 million iPhones in the June quarter, down from 47.5 million in the year-ago quarter, followed by an estimated 41 million and 72.3 million sales in the September and December quarters respectively, both of which would also mark year-over-year declines. White predicted that iPhone sales will then rebound to an estimated 56 million, 45.4 million, and 47.3 million in the subsequent three quarters, signaling a return to modest year-over-year growth throughout 2017. iPhone sales are estimated to reach 76.3 million by the first quarter of fiscal 2018, which would be a record breaker. It was initially reported that Apple suppliers projected weak demand for the iPhone 7 series due to a "lack of innovation," with other market conditions to blame, but a subsequent report said Apple has asked suppliers prepare for the highest iPhone production target in "about two years." Apple also

Up to 40% Thinner Apple Watch 2 Predicted to Debut at WWDC in June

Apple analyst Brian White of Wall Street firm Drexel Hamilton, who is currently on a Chinese tech tour, today issued a pair of research notes highlighting his upcoming Apple Watch and iPhone expectations through the end of 2016. Foremost, White cites a source who believes only the 5.5-inch iPhone 7 Plus will feature a dual camera system, echoing the same prediction made by often-accurate KGI Securities analyst Ming-Chi Kuo earlier this week. The analyst claims that iPhone 7 production is expected to begin in July, and the next-generation smartphone is expected to help Apple and its suppliers return to smartphone growth in the second half of 2016, just months after the iPhone likely experienced its first year-over-year quarterly sales decline ever. Apple announces its Q2 2016 earnings results on Monday, April 25 at 2:00 p.m. Pacific.Our meeting with a tech supply chain company highlighted a rough end to 2015 with significant forecast reductions from Apple; however, forecasts have been stable since then with 2Q:16 expected to be the trough. After a YoY sales decline in 1Q:16, our contact expects to return to growth in H2:2016. Production of parts of the iPhone 7 are expected to begin in July.Meanwhile, White predicts that the Apple Watch could be refreshed within the next two to three months. He believes that a 20% to 40% thinner Apple Watch 2 could be unveiled by June, possibly at Apple's annual WWDC, which could take place between June 13-17 based on scheduled availability at Moscone West, the San Francisco convention center where the developer event is typically

Accessory Makers Ramping Up for 5.5-Inch iPhone 6, Sparking Speculation of September Launch

While rumors have pointed to a late 2014 or early 2015 launch of Apple's rumored 5.5-inch iPhone 6 model, several months later than a 4.7-inch model, Cantor Fiztgerald analyst Brian White points out in a new research note that companies are already beginning to ramp up their production of accessories for the larger device. Based on this observation, White believes the larger-sized iPhone 6 model may in fact debut this fall alongside the 4.7-inch iPhone 6, and his note follows a recent report that Apple has solved its battery issues with the 5.5-inch iPhone 6 and is planning to manufacture 20 million units by the end of the year. White bases his prediction on observations he made during his recent tour of Computex, which is being held this week in Taiwan and is Asia's largest technology show. Also at Computex, we noticed that a few vendors had already started work on accessories for the 5.5-inch iPhone 6 and the pieces were available at the show. Given the lack of data points in recent months around progress with the 5.5-inch iPhone 6 and growing skepticism in the media around a 2014 launch, we view this as a positive development. Based on today's research, we believe the timing of the 5.5-inch iPhone 6 launch appears to be in sync with our expectation around the unveiling (i.e., September) of the 4.7-inch iPhone 6.According to White, manufacturers are also showing a "much broader ramp" of accessories compatible with the rumored 4.7-inch iPhone 6. The 4.7-inch version is widely believed to be launching in September and will headline Apple's fall product lineup, which

Supply Chain Performance Points to Blockbuster Holiday Quarter for Apple

In a new research note published today, Cantor Fitzgerald analyst Brian White shares data from his "Apple Barometer" for the month of November, with strong increases hinting that Apple will see blockbuster performance for the holiday quarter. White's metric, which tracks performance of Taiwanese suppliers known to be heavily reliant on Apple, has seen record performances for both October and November.With approximately 97% of the sales now accounted for in our Apple Barometer, we estimate sales in November rose by approximately 19-20% M/M and well above the November average of up 6% over the past eight years. As such, we believe this November will prove to be the strongest in the history of our Apple Barometer. [...] Given the combination of a record October performance and our expectation of record growth in November, our Apple Barometer is on track to report stronger-than- average seasonality in 4Q:13. If we assume an average MoM sales decline of 10% in December, we estimate our Apple Barometer will grow sales by 28% QoQ in 4Q:13, or more than double the average increase of 13% over the past eight years.White attributes the strong performance by Apple's supply chain to robust demand for Apple products such as the new iPhone and iPad models, with an iPhone production boost to support a launch on China Mobile in the coming weeks perhaps also contributing. Investor confidence in Apple is also increasing as the company appears poised for a strong holiday quarter. After falling significantly from late 2012 through the early part of this year, Apple's stock has been

Analyst Still Believes Apple Television Set With 'iRing' Motion Control Coming Late This Year

Two months ago, Topeka Capital Markets analyst Brian White gained significant attention for his claims that Apple is targeting a late 2013 launch for its long-rumored television set. In his research note, White claimed that Apple has been working on a 60-inch television that will use an "iRing" motion controller as well as iPad-like auxiliary second screens. In a new research note published today, White stands by his previous claims, continuing to believe that Apple is looking to service subsidies to help bring the upfront cost of the television set down.We were told that carriers will be an important part of the go-to-market strategy for Apple's TV ambitions and subsidize the $1,500-$2,500 "iTV", offering customers a single bill that will include a wireless plan (i.e., iPhone, iPad), Internet connection services, an "iTV" plan and other services. As we have previously discussed, the 60-inch "iTV" (50-inch and 55-inch may also be available) is anticipated to come with one iPad-sized "mini iTV" with the option to add more "mini iTVs".Such bundling may, however, be difficult given that customers frequently have different wireless carriers and cable or satellite television providers, although some providers such as Time Warner Cable and Verizon Wireless have teamed up to offer bundles of TV, Internet, home phone, and mobile phone service. White goes on to describe his vision for how the TV will be controlled:Motion detection technology will be used on the "mothership iTV" and the "iRing" will allow for improved control accuracy. For example, we believe the "iRing"

Analyst: iPhone 5S Will Have Larger Camera, New Fingerprint Technology, Same Screen Size

Topeka analyst Brian White today issued a new research note summarizing his thoughts on the phone he calls the iPhone 5S, expected to be released this summer. Most notably, he seems to have reversed his prior assertion that the next iPhone will have multiple screen sizes, noting that at a trade show in China there was a consensus amongst his sources that the screen size will be unchanged from the iPhone 5. He claims the left side volume and mute buttons will be arranged differently, in line with a parts leak from yesterday, and says the rumored fingerprint technology will be the differentiating feature for the 5S, like what Siri was to the 4S. White also shares some additional thoughts about the rumored cheaper iPhone he expects this summer: Strangely enough, the lower-priced iPhone is still being called the "iPhone mini"; however, the general consensus (albeit a few disagreed and expect a slightly smaller screen) was that this new device would actually have the same screen size (i.e., 4-inches) as the iPhone 5. However, the "iPhone mini" will have a curved back casing made of colored plastic and will be thicker than the iPhone 5. We also learned the pricing could be a bit higher than our recently raised expectation, reaching as high as $400.The picture around this summer's iPhone releases should continue to come into focus as we see more hardware leaks and get closer to the expected

iPhone 5S to Launch in 2-3 Different Screen Sizes?

Topeka Capital Markets analyst Brian White is out with another research note today sharing some highlights from day seven of his trip to China and Taiwan to talk with technology companies and other sources. Based on discussions with officials at an unnamed "tech-supply chain company", White now believes that Apple's iPhone 5S due for release later this year will arrive in two or possibly even three screen sizes.We also walked away with the view that Apple will release the iPhone 5S in at least two screen sizes this summer and possibly three. We continue to target July as the launch date. Essentially, we believe Apple is coming around to the fact that one size per iPhone release does not work for everyone and offering consumers an option has the potential to expand the Company’s market share.White also believes that Apple will be releasing a lower-cost iPhone as part of the summer launch, but now sees a price tag in the range of $300-$350 rather than the $250-$300 price he had previously thought possible. White's prediction of two or even three different screen sizes for the iPhone 5S, in addition to a lower-cost iPhone model, seems to be inconsistent with Apple's typically streamlined product lineups, especially when various carrier and capacity configurations need to be accounted for. His prediction also conflicts with claims made by a number of other sources, including reliable KGI Securities analyst Ming-Chi Kuo, who maintains that the iPhone 5S will indeed primarily be a spec bump of the iPhone 5 with the same 4-inch display, an improved camera system, and

Analyst Claims 60-Inch 'iTV' Could Launch in Late 2013 With 'iRing' Motion Control and iPad-Like Auxiliary Screens

Topeka Capital Markets analyst Brian White is out with a new research note today outlining a remarkable set of features for Apple's rumored television set product, claiming that the TV could launch later this year. White believes that the television will be available as a 60-inch model, with 50-55 inch models also potentially being available. In a new addition to the Apple television rumor roundup, White's report claims that Apple will revolutionize the television market with an "iRing" device to facilitate motion control of the device.[W]e believe Apple will release a miniature device called "iRing" that will be placed on a user's finger and act as a navigation pointer for "iTV"', enhancing the motion detection experience and negating some of the functionality found in a remote.White also believes that Apple's "iWatch" will play into Apple's television ecosystem, complementing the iRing to support interactive TV services and phone calls. Beyond the basic television set, White claims that Apple will be releasing auxiliary screens similar to iPads, with the devices allowing users to watch their television content on wireless devices within range of the larger television."iTV" will come with a "mini iTV" screen that will seamlessly allow users to view content on this smaller, 9.7-inch screen, while also opening up use cases around home security, phone calls, video conferencing and other areas. As part of this experience, Siri and FaceTime will be important. Essentially, we believe the "mini iTV" screens will be able to capture content from the 60-inch "iTV" across a

Next-Generation iPad and iPad Mini Rumored for March Launch

Topeka Capital Markets analyst Brian White today released a new report highlighting some of his observations from this week's CES in Las Vegas, noting that "checks" at the show suggest that Apple is looking to launch the next-generation versions of the iPad and iPad mini in March.Our checks at CES indicate Apple will release the iPad 5 and the second-generation iPad mini this March. The iPad 5 is expected to be lighter and thinner than the iPad 4 that was released in October, while the form factor of the iPad mini should be similar to the first generation iPad mini that debuted in October.White's comments are in line with a previous report from Japanese blog Mac Otakara which claimed that a thinner and lighter fifth-generation iPad will be launching in March. RBC analyst Doug Freedman had also claimed that Apple was accelerating its plans for the second-generation iPad mini. Apple has historically stuck to roughly year-long update cycles for its iOS devices, but the company surprised many observers by launching the fourth-generation iPad in October, just seven months after the debut of the third-generation model. It is unclear whether that shorter interval is the start of a trend for Apple, as it may simply have been a one-time event due to Apple's move to the new Lightning connector. There have, however, been growing rumors of shorter update cycles being part of a new strategy for Apple as it seeks to remain competitive in the fast-moving mobile device market and smooth out its sales somewhat throughout the

Next-Generation iPhone to Launch in More Colors, Multiple Sizes?

Following up on a report last month from Jefferies analyst Peter Misek claiming that the next-generation iPhone could launch in the middle of this year with as many as 6-8 colors, Topeka Capital Markets analyst Brian White has issued a report today indicating similar information. White also believes that Apple could offer the device with multiple screen sizes.Our checks indicate that the next iPhone will have more choices for customers. This entails an expansion in both the color patterns and screen sizes with the next iPhone (i.e., likely called the iPhone 5S) that we currently believe will be launched in May/June with certain supply production starting in March/April.White believes that the addition of multiple color choices for the iPod touch late last year was a "testing ground" for Apple and that the company is now moving toward bringing similar option to the iPhone, and eventually to the iPad. As for screen size, White believes that Apple may for the first time offer a brand-new model with multiple screen size options for different segments of the market.Although Apple offers a 4-inch screen on the iPhone 5 and a 3.5-inch screen on the iPhone 4S and iPhone 4, the Company has never offered multiple screen sizes for a single model. We believe this is about to change with the next iPhone offering different screen sizes that we believe will allow Apple to better bifurcate the market and expand its reach. This eventually opens up the possibility for a lower-priced iPhone (i.e., iPhone mini) with a smaller screen size that could allow Apple to further penetrate markets

'iPad Mini' Launch Supplies Reportedly Challenged by Component Yield Issues

In the lead-up to major Apple product launches, there are almost inevitably reports of production problems that result in the company having lower stocks on hand than it initially hoped for, sometimes leading to extended shortages as the company's supply chain works to catch up to demand. The iPhone 5 was no different, with yield issues on the new in-cell displays used in the device reportedly being the bottleneck that has limited availability. With The Wall Street Journal now reporting that mass production of the "iPad mini" has begun, reports are once again suggesting that Apple's launch supplies may be on the low side due to issues with several components. One such report comes from Topeka Capital Markets analyst Brian White, who is currently in Taiwan meeting with a number of contacts in the component supply chains for Apple and other companies. White's contacts believe that yield issues with several iPad mini components have been "frustrating", with supplies of the device likely to be constrained for the first month of availability heading into the holiday shopping season.Similar to the iPhone 5, we sensed that suppliers have found the specs around Apple's (AAPL-$671.45: Buy) 7.85-inch "iPad Mini" to be a challenge and yields have been frustrating. In our view, this is the reason the "iPad Mini" is 4-6 weeks behind our original launch expectation that we discussed in June. Despite continued yield challenges, the supply chain feels the much anticipated iPad Mini is on track to reach acceptable volume levels for a launch over the next month. That said, we

Apple Television Set to Include Motion Sensing Control and Touchscreen Remote?

While Apple is not expected to reveal its long-rumored television set product that has been the subject of increasing rumors at today's Worldwide Developers Conference keynote, Topeka Capital Markets analyst Brian White has published a new research note addressing some of his expectations for the device based on a recent visit to Taiwan for the Computex trade show and to visit with supply chain companies in several markets. White believes that the Apple television set will adopt several methods of interaction, most significantly including motion detection technology, perhaps similar to that found in Microsoft's Kinect offerings. He also suggests that the television will still include a remote control, which will arrive as an iPad-like touchscreen device.Regarding Apple TV, the data points during our trip indicate the Company will use a special type of motion detection technology on future full blown Apple TV that we expect to be unveiled within the next couple of quarters, rather than touch technology. Also, our contacts indicate a unique remote control with a touch panel form factor that looks similar to the iPad would be used to control the device. The bezel is expected to be a plastic composition, rather than the aluminum unibody exterior that surrounds the MacBook Air.White makes no mention of Siri voice control, but many observers expect that Apple will also make use of its voice recognition and natural language processing algorithms to make it easy for users to control their television viewing experiences. Finally, the new report from White also outlines his