Saturday, September 01, 2007 10:17:01 AM
By Sam Diaz
Washington Post Staff Writer
Saturday, September 1, 2007; Page D01
When Apple said it was going to make an announcement at the Moscone Center in San Francisco next week, it triggered an elaborate and familiar guessing game.
Could it be the iPhone Nano, the subject of speculation in a financial analyst's report this summer? What about a WiFi-enabled iPod that some bloggers are buzzing about?
Steve Jobs, as usual, won't give a hint to what Apple's new product will be.
Steve Jobs, as usual, won't give a hint to what Apple's new product will be.
C'mon, Steve Jobs, how about a hint? No, Apple remains tight-lipped.
If documents prepared by an Apple partner and obtained by The Washington Post are to be believed, both of those products are in the works and slated for release in the coming months. One would be an iPod with WiFi and a touch screen like that on the iPhone; the other would be an iPhone Nano priced lower than the cheapest iPhone, which sells for $500.
Such speculation not only moves markets, it also prompts action from companies, from retailers to analysts and accessory makers, for whom every Apple launch creates new business opportunities.
A J.P. Morgan analyst in Taiwan scrutinized patent applications and probed overseas vendors, concluding in a July report that an iPhone Nano -- a version smaller than the iPhone launched in June -- would be released this year.
The report caused such a stir that another J.P Morgan analyst issued a subsequent report clarifying the firm's position. "We have been unable to independently confirm . . . so we are not yet convinced this is a likely event" before year's end, the analyst, Bill Shope, wrote.
There are other clues bloggers are trying to imbue with significance. One is that Apple's retail channels apparently have not received new iPod inventory in recent weeks, a possible sign that a new iPod will come sooner, rather than later, bloggers said. A second: The image on Apple's invitation features album cover art used in its iTunes jukebox software.
In the end, it's all a guess, with some guesses more educated than others. But they're also making a few bucks for Apple investors. The buzz generated by Tuesday night's announcement has helped push Apple's stock up 9.2 percent, closing yesterday at $138.48 a share.
It's fun to get excited about a new gadget, but, alas, there is a potential downside for Apple, said Rob Enderle, principal analyst with Enderle Group in Silicon Valley.
"If it brings out a product that doesn't capture the excitement . . . I wonder if people will be disappointed because it doesn't come up to the levels of what's expected," Enderle said.
Apple declined to comment, and Kasper Jade, publisher of the AppleInsider blog, isn't surprised.
"Obviously, it's Apple's job to keep a tight lid on things," he said. But it's his job to try to uncover the news, so he talks regularly with retailers, many of whom are also in the dark on Apple's plans, he said.
Some of the biggest sellers of Apple products, including Circuit City, Best Buy and Wal-Mart, declined comment.
"It kind of goes both ways with the retailers," Jade said. "We talk to them about what's going on, how the inventories are doing. They give us status updates. We share information we have."
http://www.washingtonpost.com/wp-dyn/content/article/2007/08/31/AR2007083101723.html
Recent AAPL News
- Nvidia Profits Set to Challenge Historic High Market; GE Aerospace Announces New Hires, and More News • IH Market News • 05/22/2024 10:37:09 AM
- Apple and Île-de-France Mobilités introduce Navigo card for iPhone and Apple Watch • Business Wire • 05/21/2024 03:30:00 PM
- CalPERS to Oppose Exxon Mobil Directors; Microsoft Unveils Copilot+ PCs with AI Focus, and More News • IH Market News • 05/21/2024 11:18:35 AM
- Li Auto Stocks Drop Post Earnings; Calhoun Re-elected to Boeing Board, and More News • IH Market News • 05/20/2024 11:03:22 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/17/2024 10:30:33 PM
- Chubb Stock Soars 9% with Berkshire Acquisition, AST SpaceMobile jumps 37% on AT&T deal, and More News • IH Market News • 05/16/2024 11:27:07 AM
- Apple announces new accessibility features, including Eye Tracking, Music Haptics, and Vocal Shortcuts • Business Wire • 05/15/2024 02:00:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/14/2024 10:30:21 PM
- Walmart Corporate Job Cuts and Office Centralization, GameStop and AMC Surge, and More News • IH Market News • 05/14/2024 11:26:02 AM
- Apple Music celebrates the greatest records ever made with the launch of inaugural 100 Best Albums list • Business Wire • 05/13/2024 01:00:00 PM
- Arm Sets 2025 Target for AI Chip Development, Amazon and Microsoft Commit Billions to French Investments, and More • IH Market News • 05/13/2024 11:16:03 AM
- Weekly Surge for Render and Toncoin, US Bancorp Expands Bitcoin ETF Investments, and More in Crypto • IH Market News • 05/10/2024 07:32:06 PM
- Novavax Surges 57% Post $1.4 Billion Sanofi Deal; Apple Boosts Data Centers with AI and Internal Chips, and More News • IH Market News • 05/10/2024 12:02:56 PM
- Bain Capital in Talks to Acquire PowerSchool; Blackstone Emerges Victorious in Hipgnosis Bidding War, and More News • IH Market News • 05/09/2024 11:53:19 AM
- Meta Platforms Expands AI Ads, Apple Boosts iPhone Shipments, and More Highlights • IH Market News • 05/08/2024 12:27:48 PM
- Apple unveils stunning new iPad Pro with the world’s most advanced display, M4 chip, and Apple Pencil Pro • Business Wire • 05/07/2024 02:37:00 PM
- Apple unveils the redesigned 11-inch and all-new 13-inch iPad Air, supercharged by the M2 chip • Business Wire • 05/07/2024 02:37:00 PM
- Apple introduces M4 chip • Business Wire • 05/07/2024 02:37:00 PM
- Final Cut Pro transforms video creation with Live Multicam on iPad and new AI features on Mac • Business Wire • 05/07/2024 02:37:00 PM
- Logic Pro takes music-making to the next level with new AI features • Business Wire • 05/07/2024 02:37:00 PM
- Tesla’s April Sales Down 18% in China, Amazon’s Multi-Billion Dollar Cloud Expansion in Singapore, and More News • IH Market News • 05/07/2024 11:44:00 AM
- Index Futures Point to Strong Monday Opening, Building on Last Week’s Gains; Oil Prices Rise • IH Market News • 05/06/2024 12:09:15 PM
- Perficient Stock Soars 52.9% Post-Acquisition; Luminar Declines 10% Amid Workforce Cutbacks, and Other News • IH Market News • 05/06/2024 12:09:00 PM
- Jobs Data, Apple Earnings Contribute To Extended Rally On Wall Street • IH Market News • 05/03/2024 08:25:49 PM
- Jobs Data, Apple Earnings May Lead To Extended Rally On Wall Street • IH Market News • 05/03/2024 01:09:33 PM
Avant Technologies Engages Wired4Tech to Evaluate the Performance of Next Generation AI Server Technology • AVAI • May 23, 2024 8:00 AM
Branded Legacy, Inc. Unveils Collaboration with Celebrity Tattoo Artist Kat Tat for New Tattoo Aftercare Product • BLEG • May 22, 2024 8:30 AM
"Defo's Morning Briefing" Set to Debut for "GreenliteTV" • GRNL • May 21, 2024 2:28 PM
North Bay Resources Announces 50/50 JV at Fran Gold Project, British Columbia; Initiates NI 43-101 Resources Estimate and Bulk Sample • NBRI • May 21, 2024 9:07 AM
Greenlite Ventures Inks Deal to Acquire No Limit Technology • GRNL • May 17, 2024 3:00 PM
Music Licensing, Inc. (OTC: SONG) Subsidiary Pro Music Rights Secures Final Judgment of $114,081.30 USD, Demonstrating Strength of Licensing Agreements • SONGD • May 17, 2024 11:00 AM