Apple shares to be fueled by new iPhone with bigger screen
Published on Mar 23, 2014 11:31 PM
NEW YORK (REUTERS) - Apple Inc shares could rise by 20 per cent over the next year, fueled by sales of a new version of its iPhone smartphone that is expected to have a bigger screen, says article in the March 24 edition of Barron's.
The iPhone 6, expected in late summer or fall, is certain to have a bigger screen than earlier versions, which could give iPhone users a major reason to upgrade or win back people who switched to other devices, according to the article.
The article notes that Apple shares currently trade at a deep discount to the market.