Gene Munster is an analyst at Piper Jaffray that focuses mostly on Apple. Munster is known for calling Apple suppliers and retail stores to put together analysis on the company. Munster said that demand for the iPhone 5 is continuing to surge.
Piper Jaffray analyst Gene Munster is predicting that Apple will sell 10 million iPhone 5 units in the first 3 weeks on the market. It took Samsung about 50 days to reach that same 10 million unit sales number for the Galaxy S III. Apple sold 4 million iPhone 4S devices in the first weekend of being released on the market.
Gene Munster has surveyed around 400 people about what their next device would be and put together some numbers when extrapolating the responses. Munster said that Apple will sell around 80 million of the new iPhone. He found that out of the people he polled, 65% said that they were going to buy an iPhone, 51% were planning on getting a smartphone and wanted the new iPhone, and 94.2% of iPhone users were planning on sticking with the brand. Munster said ”we believe this suggests that as much as 50% of our estimated iPhone units for FY13 are in the bag (~170 million iPhone users x 94% re-buy x 51% iPhone 5 planned purchase).” This results in a total of 80 million.
Piper Jaffray Senior Research Analyst Gene Munster has been focusing on Internet companies since 1995. Munster is predicting that Apple will launch an LCD TV set during in the first half of 2013. The Apple television set will retail for between $1,500 and $2,000 with screen sizes that range between 42 inches and 55 inches.
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Piper Jaffray Senior Research Analyst Gene Munster told investors on Tuesday that he recently spoke to a major TV component supplier to learn more about Apple’s rumored plans to release a connected HDTV. The supplier confirmed with Munster that Apple did contact them “regarding various capabilities of their television display components.”
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Analyst Gene Munster has found in Piper Jaffray data that iPhone users are much more loyal to their phone brand than Android and Blackberry users. InformationWeek reports that he estimates about 94% loyalty from iPhone owners when they go to buy their next phone, compared to about 47% loyalty in Android owners and 26% loyalty in BlackBerry owners. Of those surveyed, 42% of Android owners and 67% of BlackBerry owners plan on switching to iPhone with their next purchase.
Gene Munster is a technology analyst that works for Piper Jaffray. He is well known for doing research on Apple forecasts as well. In the above video, Munster did an interview with Bloomberg to discuss his thoughts on Google vs. Facebook. In the interview Munster bluntly stated that “Google has given up on social” and Facebook is the clear winner. He also said that Facebook is what Google was 5 years ago and Google is now a Microsoft because they are not innovating as fast as they have been in the past. [BusinessInsider]
Above is a chart generated by Piper Jaffray analyst Gene Munster about what an application costs Apple to sell. Apple currently claims that the App Store is at or near broke even.
Munster used two pieces of information to make these assumptions. In Steve Jobs’ keynote two weeks ago, he said that 5 billion apps have been downloaded and $1 billion has been paid out to developers. Below are some of Munster’s key points regarding those figures.
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