Analyst Gene Munster provides more details on the Apple Tablet

Fri, Aug 7, 2009

News

In a report to investors, Piper Jaffray analyst Gene Munster sheds some more light on the rumored and upcoming Apple Tablet.  Based on discussions with an Asian component supplier who has received orders for a touchscreen Apple device “to be fulfilled by late ’09”, Munster anticipates that Apple’s tablet will look like a larger iPod Touch that will not only be able to run current iPhone apps, but will be able to support an entirely new breed of applications as well.  Corroborating reports from previous sources, Munster writes that the device will most likely include built-in 3G connectivity and will be priced above an iPhone and below a MacBook (i.e $500-$700).

In terms of what effect the tablet might have on Apple’s bottom line, Munster predicts that the tablet will sell better than the Apple TV did in its first year, with the potential to sell 2 million units and generate $1.2 billion in sales in 2010.

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