Analyst: 17% of Verizon Customers Waiting for iPhone
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fortune reports on new research note morgan stanley analyst katy huberty incorporating survey data suggesting significant upside next iphone upgrade cycle. 1 of interesting pieces of data come survey shows 16.8% of verizon customers saying "very likely" purchase iphone once breaks free of at&t's exclusivity land on carrier. huberty notes that demand add 8 million iphone sales per year once verizon gains access device.
huberty raised target price apple $275 $310 on basis of number of factors.
huberty increased prediction of 2011 iphone sales 61.5 million, 25% higher current consensus among wall street analysts. driving projection surge in percentage of customers looking upgrade current iphones , expectations of apple being able offer $99 iphone 3gs part of hardware revisions expected next month.
morgan stanley's huberty famously pessimistic on apple , iphone in recent years, has come around in recent months significant boosts performance predictions iphone , ipad.
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