Tomorrow is the official announcement at Apple Inc. (NASDAQ:AAPL) about the new iPhone. The iPhone 5 (or iPhone 4S) is expected to have a large touchscreen and faster processor than the current iPhone. The iPhone 4 sold more than 20 million devices in the third quarter ended June 25th alone.
“Most interesting is whether new CEO Tim Cook will lead the keynote and whether … Steve Jobs will participate,” stated Sterne Agee analyst Shaw Wu. “Tim is perceived as an operations and supply chain guru and that he certainly is, but we believe it is too early to write him off as not a visionary and showman like Steve Jobs.”