Cantor Fitzgerald analyst Brian White (via Wall Cheat Street) has told Bloomberg Radio’s “Bloomberg Surveillance” program that Apple will introduce an iWatch in 2014.
“We recently went to Asia and I think there’s a lot of exciting innovations that we’re going to see in calendar 2014,” stated White. “You’re going to have EPS return to growth.”
According to Brian White, Apple is the “top large-cap pick in our coverage universe for 2014.” White’s bullish position on Apple is based on his prediction that the company will introduce a new wearable tech category and an expansion in the iPhone product line. “You’re going to see them [Apple] enter a new product category with the iWatch. “You’re going to see some innovations in the iPhone — possibly up to three different sizes.”
