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Piper Jaffray Apple analyst Gene Munster is out today with an updated outlook for the company, warning that Apple will not have any major product announcements until June and likely miss its June guidance with lower-than-expected iPhone and Mac sales.
In other words, the Retina iPad mini he predicted would launch in March—not happening. Instead, Munster said Apple could announce an incremental upgrade to iPad or iTunes in April and wouldn’t have a major product announcement until the iPhone 5S lands in late June. He also told Bloomberg this morning (video above) that a cheaper iPhone would be announced in September through a deal with China Mobile and ship in September or October.
Gene still prays for an Apple HDTV this year, telling Bloomberg this morning there is “no question whether it’s a set-top box versus a TV, it’s an actual TV.” He hopes Apple will announce its full-fledged television set by the end of the year.
Gene also thought Apple’s iWatch won’t make an appearance until 2014, while also noting that wearable technology has an opportunity to cannibalize the phone market within 5 to 10 years.