Apple Inc (AAPL)

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07:46 AAPL Apple execs confident iPhone will ship on time and in volume - AppleInsider (105.06 )

AppleInsider reports investment banking analysts for UBS just returned from a meeting in Cupertino with members of Apple's exec team, who were described as being "confident" about their co's strategy and "very upbeat" about the prospect for new products.

"While Apple obviously did not reveal any new products, management still seems very confident in its market position in music and its ability to drive the 'multiplier effect' in various other businesses including Macs, iPhones and much more to come," UBS analyst Ben Reitzes wrote in a report shortly after the sit-down.

When speaking about the impending iPhone launch, mgmt seemed "confident the product will ship on time with volumes to meet customer demand," said Reitzes."We believe Apple will provide customers with an innovative method of in-store activation and in-store displays for the iPhone, along with customer-friendly billing that could tie customers further into the Apple online store," the analyst wrote. "We believe Apple will introduce new models and partners for the iPhone in Europe and Asia within a year.