Noted Piper Jaffray analyst Gene Munster is out with his predictions on Apple’s 2013 product lineup, noting that the company is likely to release the iPhone 5S in the month of June, followed by the launch of the budget iPhone in September.
He expects the iPhone 5S to come with upgraded internals like a faster processor, a better camera, but he notes that he’s not so sure about more advanced features like NFC payments or a fingerprint sensor. On the budget iPhone, he says:
We continue to believe Apple will have a cheaper phone product to address the emerging markets. In recent public comments, Tim Cook noted that the original iPod cost $399 and eventually the company released a $49 iPod Shuffle which addressed a broader market. We believe Apple will likely introduce a cheaper device in the September quarter.
Notably Munster still clings onto his theory of Apple releasing a full fledged television set by the end of this year, despite being proven wrong on many occasions in the past.
He adds that there might be an Apple event in April which would focus on incremental upgrades to the iPad lineup along with some iTunes related announcements. Commenting on the much rumored iWatch, Munster says that Apple’s unlikely to release the product anytime this year, but is optimistic about the wearable computer segment in the longer run.