The iPhone 5 and new iPads will trigger a surge in sales for Apple this quarter and next, says Morgan Stanley's Katy Huberty.
In an investors note out today, Huberty pointed out that key suppliers for both devices say their own revenue will be higher than anticipated for the current quarter. They're also seeing above-average orders from Apple for next year's first quarter. And demand could rise even higher before the year is over.
The analyst believes the iPhone 5 will drive more customers to upgrade this quarter and on into next year. At the same time, … Read more