New iPad mini, Apple television with gesture control now in production, claims analyst

Life

20 August 2012

The iPad mini and Apple television set are now in production at Foxconn factories, Jefferies analyst Peter Misek believes.

In a research note sent out last week, Misek claimed that the production of the iPad mini has caused Foxconn, Apple’s main manufacturing partner, to see an unusual five per cent increase in revenues in July, reports Forbes.

Misek claims that Taiwan component sales in July and his own supply chain checks have led him to believe that Apple plans to build 25 million iPads in the September quarter, up from the 18 million previously predicted. The December quarter could also see an increase from 22-25 million iPads to 30 million, says Misek, who thinks that Apple will sell at least 8 million iPad minis in that quarter.

Despite recent reports that Apple has decided to develop an advanced set-top-box, rather than the widely speculated television set (dubbed iTV), Misek believes that the television is in "full production".

"Recent data out of Sharp, Hon Hai and other speciality chemical and TV component suppliers support this," Misek claims.

The television could have a ‘gesture control module,’ made by JDSU, like the one found in Microsoft’s Kinect. JDSU has revealed that it has a new non-gaming, "living room" based customer, which could be Apple, says Miskek, who expects the television to launch in the December or March quarters and sell two million within that quarter.

As for the iPhone 5, Misek predicts that Apple will build 15 million of the sixth-generation device by mid-September, when it is expected to be unveiled at a special event. Misek estimates that there will be more than 80 million iPhones built in the second half of 2012.

Agreeing with several other analysts, Misek suspects that the September iPhone event will see the "biggest handset launch in history," and will help Apple earn $63 per share in the September 2013 fiscal year, ahead of the Wall Street estimate of $52 per share.

IDG News Service

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