According to investment bank UBS the next generation iPhone with 3G will be released sometime in the middle of the year and it will use the Infineon chip set.
I believed that Apple was already midway to completion of iPhone 2.0 when the iPhone was released. Now that the 3G chip is ready, the roll out should begin sometime in the summer.
Read all about it here.
Yesterday Apple Inc. COO Tim Cook had a presentation at Goldman Sachs Technology Investment Symposium and brought with him the first good news of the year.
Rather than rehash it all here, you can read a full report on what was said here.
Basically, Cook stated that he doesn't think that there is iPod saturation and that the goal is to extend the iPod into a the first mainsteam mobile Wi-Fi platform. He also stated that Apple has high hopes for the iphone SDK to bring apps limited only by the developers imagination. He went on to talk about iPhone sales, unlocked iPhones, the MacBook Air's target market and Apple TV.
The statement that caught my eye was about the Mac. When asked if there was any limit to the Mac's market share, Cook stated that he sees no limit, no ceiling for Mac potential. Just wow.
I believe Apple realized the shareholders were hurting due to the large margin of losses in the first two months that the stock took since the market had it's doubts about whether or not the suspected downturn in the economy would weaken Apple's sales. Sending Tim Cook in to talk to analysts got the word out quickly that Apple is in good shape and is bullish on meeting their own goals in the present future.
APPL is currently trading +5.27 (128).
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