Concord Securities


'Concord Securities' Articles

Apple Sending iOS 5 to iPhone Assemblers at End of September, No Sign of Redesigned iPhone 5

In a new research note provided to MacRumors, analyst Ming-Chi Kuo reports that Apple is scheduled to send the golden master version of iOS 5 to its iPhone and iPod touch assembling partners during the timeframe of September 23rd through 30th, suggesting a launch for the new hardware around mid-October once the assemblers have had time to install the software on already-produced hardware and ship it out. The claims are in line with other reports suggesting that Apple will debut the next iPhone around the middle of next month. Back panel from prototype N94 iPhone Perhaps more interestingly, Kuo specifically tells us that he has seen no evidence of the rumored redesigned "iPhone 5" in the supply chain. Instead, his sources point to the "N94" iPhone that has been popularly referred to as the "iPhone 4S" as the sole new iPhone model set to ship, with Apple planning for 30 million units through the end of the year. Apple is also planning production of an additional 5 million units of the existing iPhone 4 and iPhone 3GS models as it transitions to the new model. While many have been holding out for a significantly redesigned iPhone 5 offering a thinner, tapered profile as shown in third-party cases supposedly based on leaked design documents, essentially no evidence for such a model has surfaced in the form of parts leaks or other details. While some have suggested that the N94 is a decoy/scrapped/backup model and that Apple is keeping the redesigned model under tighter wraps, Kuo is not seeing signs of such a model anywhere in Apple's supply chain. As for the

Apple TV Seeing Moderate Success, But No Hardware Update Imminent?

Yesterday, we noted that Logitech had slashed the price of its Google TV-powered Revue set-top box to below cost following a quarter in which customer returns actually exceeded new sales. We reported that development within the context of Apple's measured steps into the television market that have seen the Apple TV primarily function as a media hub for iTunes Store content and a handful of streaming services. Apple does indeed appear to be having some moderate success with the Apple TV, as industry checks by Concord Securities analyst Ming-Chi Kuo reveal that Apple shipped approximately 480,000 Apple TV units during the second quarter, as reported to AppleInsider. The performance represents more than 70% year-over-year growth as Apple transitioned from the larger hard-drive based first-generation Apple TV to the iOS-powered second-generation streaming device. Kuo's industry sources claim, however, that Apple is not planning a hardware update for the Apple TV during the current quarter, putting a damper on the excitement of those hoping that changes in iOS 5 would open the door to a true 1080p Apple TV. Instead, Apple is said to be relying on iOS enhancements to boost the AirPlay capabilities of the Apple TV to better support Apple's latest iOS

Apple Planning to Introduce White iPod Touch Later This Year?

Concord Securities analyst Ming-Chi Kuo, who has in the past provided some accurate claims primarily regarding Apple's notebook lines, now reports to AppleInsider that Apple may be planning to introduce a white iPod touch later this year. The forthcoming fifth-generation iPod touch is said to otherwise be nearly identical to the current version.Looking into the current third calendar quarter, Kuo said checks indicate Apple has placed orders for white iPod touch models that are expected to go into mass production sometime in late August, but he added that the build plans for those models reflect few, if any, distinguishable changes from the existing black models introduced last fall. "It means no spec update of iPod touch this year," he said.Last month, references to a new iOS-based iPod known as "iPod4,2" were discovered in the iOS 5 beta, with Apple's use of that naming convention instead of "iPod5,1" leading to speculation that the next-generation iPod touch will indeed be a minor update. Lending credence to the claims of a forthcoming white iPod touch is the discovery of a new white front plate for the iPod touch obtained by parts and repair firm iFixyouri and reported to 9 to 5 Mac. The white part appears essentially identical to the black one used in the current iPod touch, and thus it can not be definitively stated whether the part is intended for a forthcoming model or was for a white version of the current generation that was ultimately scrapped before

Apple Phasing Out White MacBook in Favor of Entry-Level MacBook Air?

Concord Securities analyst Ming-Chi Kuo today reported to AppleInsider that Apple may be on the verge of phasing out its white MacBook, the company's longtime entry-level notebook. In particular, Kuo notes that internal shipment forecasts show build plans for the MacBook "suspiciously" tailing off next month with no signs of a replacement.Analyst Ming-Chi Kuo of Concord Securities shared with AppleInsider Tuesday that industry checks show that Apple's internal shipment forecast for the white MacBook suspiciously drops-off in August of this year, which leads him to believe that the notebook may go "end of life" around the same time.As noted in our Buyer's Guide, the MacBook hasn't been updated since May 2010, a period of 427 days. With supplies tightening late last month, speculation regarding a potential refresh or a discontinuation began to circulate. Signs of life sparked again last week when it was claimed that leaked part numbers for an upcoming hardware update included a new MacBook model. That interpretation was incorrect, however, as the part number in question turned out to be for an as-yet unreleased LED Cinema Display with Thunderbolt that leaked on Apple's own site late last week. Kuo argues that with Apple's MacBook Air line now beginning at the same $999 price point as the MacBook, Apple may feel that it can discontinue the plastic notebook and direct consumers to the thinner and lighter MacBook Air line. Apple's MacBook shipments have reportedly fallen to just 80,000-100,000 per month so far this year, representing less than 10% of Apple's Mac

Updated MacBook Air to Offer Minimum of 128 GB SSD and 4 GB RAM?

Concord Securities analyst Ming-Chi Kuo today reported to AppleInsider that "industry checks" within Apple's supply chain suggest that the company is boosting the specs on its MacBook Air in the expected refresh to a minimum of 128 GB of solid state storage and 4 GB of RAM. That refresh has been widely rumored for some time, with Apple reportedly holding off until OS X Lion is released to the public to launch the new MacBook Air.In a communication to AppleInsider on Thursday, Concord Securities analyst Ming-Chi Kuo said his industry checks suggest Apple is no longer placing orders MacBook Airs with 2GB of RAM. Instead, those checks indicate that all new 11.6- and 13.3-inch models will include 4GB of RAM as standard, as it will improve performance of Mac OS X Lion, also due to ship on each model. Similarly, Kuo cited the same checks in suggesting that Airs with just 64GB solid-state-drives may go away in favor of Apple shipping only 128GB and 256GB models as standard, given that the bulk of Apple's shipments have been for models containing those larger drives.The current MacBook Air models all carry 2 GB of RAM in their stock configurations, although they can be upgraded to 4 GB for $100 on build-to-order configurations. On the storage side, Apple's entry-level 11.6-inch model offers 64 GB of solid state storage, with users able to step up to 128 GB on the high-end model. The 13.3-inch MacBook Air already offers a minimum of 128 GB with the high-end model sporting 256 GB. Kuo also indicates that Apple will continue to use a separate board for the solid state

Apple Reportedly Beginning Production of Next-Generation MacBook Air Models

Analyst Ming-Chi Kuo of Concord Securities today reported to AppleInsider that Apple's manufacturing partners are scheduled to pump out nearly 400,000 units of revamped MacBook Air models this month as the company looks toward a refresh of the popular ultra-thin notebook.Concord Securities analyst Ming-Chi Kuo exclusively told AppleInsider that the Mac maker has placed orders for the production of a total of 380,000 Sandy Bridge-based 11.6 and 13.3-inch MacBook Airs this month. The analyst, whose industry checks have long provided accurate insight into the Cupertino-based company's future hardware plans, notes that roughly 55 percent (or 209,000) of those MacBook Airs will be of the 11.6-inch varieties, which have proven slightly more popular than the 13.3-inch offerings due to their more attractive entry-level price points.Rumors of a MacBook Air refresh in the near future have been circulating for some time, with rumors dating as far back as mid-February indicating that Apple was planning a June update for the line. Kuo weighed in in late April to say that Apple would begin production of the new models in May, while another claim from last month pegged the refresh for the June-July timeframe. Apple's new MacBook Air models are expected to be powered by Intel's Sandy Bridge platform, a significant upgrade over the Core 2 Duo processors found in the current models. Outcome:MacBook Airs did launch in July. We presume this report was

Production of New Thunderbolt-Equipped MacBook Airs Set for Next Month?

AppleInsider reports on a new research note from Concord Securities analyst Ming-Chi Kuo claiming that Apple is set to begin production on new Thunderbolt-equipped MacBook Air models late next month, setting the stage for an update to the company's popular ultra-thin notebooks. Kuo tells AppleInsider that his latest round of checks with suppliers and system builders in the region reveals that MacBook Air shipments are set to rebound during the current calendar quarter, fueled by an upgrade to Intel's latest Sandy Bridge microprocessors, integrated Intel graphics, and the expected adoption of the new Thunderbolt high-speed I/O technology that made its debut on MacBook Pros earlier this year. Specifically, he said the new models will "go to mass production in late May," which corroborates an earlier report that cited reliable sources as saying Apple would be ready to publicly announce and ship to consumers MacBook Airs with Sandy Bridge processors during following month of June.A production ramp in late May would set the stage for a June launch for the new MacBook Airs, a timeframe that had been rumored several months ago. While Apple's current MacBook Airs launched in October 2010 with a new 11.6-inch model joining the redesigned 13.3-inch model, they still rely upon aging Intel Core 2 Duo processors as Apple has struggled to find a suitable pairing of CPU and graphics performance in the wake of a dispute between Intel and NVIDIA over chipset production. But with new Sandy Bridge processors from Intel sporting improved graphics performance now available, Apple now

Spec Bumped iPhone 5 Set for September Ramp? Revamped iPhone in 1H 2012?

Concord Securities analyst Ming-Chi Kuo has issued a new research note in support of earlier claims that the fifth-generation iPhone will not go into full production until September. Kuo's note also corroborates other reports indicating that the new iPhone will be largely identical to the iPhone 4 in appearance and contain primarily internal improvements. Specifically, Kuo has heard that the iPhone 5 will include the faster A5 processor already found in the iPad 2, as well as a higher resolution 8 megapixel rear camera. He has also been told that Apple will switch to a Qualcomm baseband for both GSM and CDMA models, along with an improved antenna design. Kuo has also been told that the new iPhone will go into trial production in August and mass production in September, allowing Apple to reach shipment volumes of between 28 million and 32 million units this year. That would align with previous reports that have indicated Apple plans to make its new iPhone available for sale later than usual this year, likely in Apple's next fiscal year beginning in October.Kuo's report does, however, apparently assume that the new iPhone will be introduced at Apple's Worldwide Developer Conference (WWDC) in early June, despite that event coming at least three months before the device would become available under this scenario. A number of other reports in recent weeks have indicated, however, that there will be no iPhone introduction at WWDC, with Apple potentially looking to its annual September iPod event for the introduction of the new iPhone. Kuo suggests that the main selling

White iPhone 4 to Ship Early Next Month?

AppleInsider reports on comments from Concord Securities analyst Ming-Chi Kuo claiming that Apple's manufacturing partners will finally begin ramping up production of the white iPhone sometime this month, with a launch expected to occur in early April. According to the report, sources have limited their information to the GSM version of the iPhone 4, with no information available on whether the CDMA iPhone now available on Verizon in the United States will also see a white version. Apple is expected to begin production of its long-awaited iPhone 4 sometime this month, with shipments no later than early April, according to one analyst's checks. Manufacturers will initiate production of the GSM-based iPhone 4 version in white enclosures and begin dispatching them to Apple ahead of general availability planned for next month, Concord Securities Analyst Ming-Chi Kuo told AppleInsider. Apple has made changes the "film material to solve the full-lamination problem that [was] the reason why white iPhones [were] delayed," he added.Originally announced alongside the black iPhone 4 in June 2010, the white iPhone 4 was quickly pushed back to a late July release. As that date approached, Apple again announced a delay to later in the year before moving in October to push the launch back once more to "spring" 2011. Despite claims immediately following the October delay that Apple planned to cancel the white iPhone 4 entirely, hints of the white iPhone 4 began appearing earlier this year at Best Buy and AT&T. Those appearances almost certainly occurred, however, as retailers

iPad 3 to Get 2048x1536 Retina Display?

According to one analyst, Apple will be delivering a double resolution Retina Display to the iPad 3. Kuo now claims that iPad 3 will deliver a Retina Display-like quality and resolution doubling to 2048x1536, an enhancement originally thought to make it into the more immediate release of iPad 2. The iPad 2 has not even shipped yet, but The Wall Street Journal has said the 2nd generation iPad will not get a retina display. Instead, it's believed the iPad 2 will offer a thinner and anti-reflective screen for better viewing in sunlight. Depending on who you believe, the iPad 3 may arrive as early as this September, accelerating Apple's iPad release timeframe from a 1 year to 6 month delivery schedule. Another analyst has also predicted a true Retina Display for the 3rd generation iPad, but he pegged its release in 2012. Meanwhile, the iPad 2 is widely expected to be released by

iPad 2 Screen Thinner, Anti-Reflective, 1.2GHz Dual Core CPU?

An analyst from Concord Securities is claiming to have knowledge of some of the upcoming iPad 2 components in their latest research note. According to Ming-Chi Kuo as reported by AppleInsider, the iPad 2 display will not get a higher resolution display as some have hoped. Instead, the iPad 2's screen improvements will focus on thickness and anti-reflection. The screen is said to be 30-35% thinner and also offer a better sunlight reading experience due to the anti-reflective properties. The report also claims that the next iPad will use a Cortex A9 dual core processor running at 1.2GHz, as well as Imagination Technologies' SGX 543 dual-core GPU. The iPad 2's RAM will also see a much needed boost to 512MB, equal to the iPhone 4. The iPad 2 is also expected to use the same lower quality front and back cameras found in the iPod Touch. It's hard to tell where this information is sourced. Some pieces have been reported, but some specifics (1.2GHz, anti-reflective screen) seem to be unique

Analyst Predicts MacBook Air Sales of 700,000 Units This Quarter

DigiTimes reports on an article from the Chinese-language newspaper Commercial Times citing Concord Securities analyst Mingchi Kuo as predicting MacBook Air sales of approximately 700,000 for the quarter. Apple's MacBook Air shipments in fourth quarter of 2010 are expected to reach about 700,000 units, accounting for more than 17% share of the company's 4.1 million Mac shipments, while the 11.6-inch model will account for 60% of the total MacBook Air sales due to its low price, according a Chinese-language Commercial Times report citing vice president of Concord Securities research department, Mingchi Kuo.Kuo reports that the release of Mac OS X Lion next year should increase the attractiveness of the MacBook Air as a second machine for users, although it is unclear what specific features of Lion Kuo expects to boost that draw. In addition, Lion's projected release date of "summer" 2011 means that any such effects would occur in the relatively distant future. Kuo was previously an analyst with DigiTimes' own research arm and was the first to reveal Apple's plans for an 11.6-inch MacBook Air back in

Apple Prepping 11.6'' MacBook Air and New iPod Touch with 3MP Camera

Digitimes reports that Apple is preparing two updates for the second half of 2010. The first is said to be an 11.6-inch MacBook Air featuring a Intel Core i-series ultra-low voltage processor. An 11.6-inch display would be notably smaller than the current 13.3-inch screen found in the current MacBook Air. Kuo, citing discussions with upstream component makers, noted that the 11.6-inch MacBook Air will feature an even slimmer and lighter design than the previous-generation models and the technologies used for the design and concept are expected to be broadly used in the company's other product lines to boost their competitiveness.Meanwhile, Digitimes adds some details to the new iPod Touch that is expected this fall. The new iPod touch will feature a 3-megapixel camera, capable of both photo and video recording, and will adopt Apple's latest A4 processor, which is also used in the iPhone 4.The new iPod Touch was expected to share the A4 processor found in the iPhone 4 and iPad, but the exact camera specs have been up for