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Apple TV and iPhone updates for 2008

by Adam Fisher-Cox on Dec 14, 2007 at 01:56 PM

After a meeting with key component suppliers and manufacturers in Asia this week, investment bank Goldman Sachs researchers said they believe Apple will introduce two revisions to the iPhone in 2008—one minor, one major—and an Apple TV revision (the long awaited Apple TV 2.0) during the second half of the year.

On Tuesday, researcher David Bailey advised clients that “Apple has several important new products lined up for 2008,” though none will be as big or important as the introduction of the company’s iPhone last June.

The analyst said that one of them is the second generation iPhone, currently in it’s “final design phase.” The handset is expected to “have a similar form factor as the current version although it could have a different look and will probably include 3G capability.”

Bailey estimates that the next-gen iPhone will launch sometime during the second half of the year, but also believes the company will tie over consumers with “a smaller upgrade with more flash memory earlier in the year.” Most likely an addition of a 16 GB iPhone will be unleashed. Perhaps the second generation iPhone will sport 16 and 32 GB versions?

Bailey’s Asian contacts advise him that “Apple will be making changes to Apple TV” sometime in the second half of “which could include an LCD display.”

“Apple will refresh its entire Mac line-up throughout 2008, but information about the potential launch of a subnotebook was scarce, with one supplier saying that the product may be pushed out, citing possible design issues,” he added.

Regarding the iPods, “Both the iPod Touch and nano are seeing strength while iPod shuffle demand seems stable, which should cause blended average selling prices (ASPs) to come in above our $150 estimate.”

Goldman Sachs maintains a Buy rating on Apple shares with a 12-month price target of $205 per share.

Via [AppleInsider]

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