Apple Inc. (AAPL) is expected to release some new products in 2013, including the long-rumored Apple Television and possibly changes to its Mac computer line.
Apple Inc. (NASDAQ:AAPL) is one of the most-talked about companies on the stock market, and it’s one of the most valuable companies in the world. So investors want to know: what’s the company up to in the coming year?
In just three months, shares of Apple Inc. (NASDAQ:AAPL) have dropped more than 22 percent as investors become concerned about reductions in component orders, lower gains and iPhone 5 sales that haven’t gone as well as expected. For Apple, 2012 was certainly a busy year however. We saw the stock price peak at $705 per share before plummeting to below $510 per share. Analysts at various firms all seem to have different ways of interpreting the company’s position at this point.
So what can we expect from Apple Inc. (NASDAQ:AAPL) this year? Here are some of the products and features we expect from the tech giant for 2013.
First of all, the rumor mill is heating up with talk of an Apple Television this year. Pipe Jaffray’s Gene Munster is just one of many analysts who expect to see the product by the end of 2013. The Wall Street Journal has also reported that Apple Inc. (NASDAQ:AAPL) is close to releasing the product.
Of course Apple already offers an Apple TV box, which is designed for streaming video. If the tech giant does release an Apple Television, it is expected to be a full-fledged television set. There is a possibility that Apple could update its set-top box before releasing the television set, however.
We should also see some changes in the company’s Siri feature. It became available on more of Apple’s devices as part of iOS 6 and picked up some new abilities in 2012. Apple will likely continue to develop Siri so that it becomes more and more helpful for users.
Apple will also likely circle back around to the products which made it famous in the first place: the Mac computers. The new MacBook pros are expected to be revamped, and there should be some upgrades to the iMac line. However no Mac Pro or retina display on the iMac is expected.
Good changes to Apple’s troubling mapping software are also expected in 2013 as the company struggles to regain the trust of iPhone users who were baffled and lost thanks to the mapping app included in iOS 6.
Investors and analysts are also debating what might be ahead for Apple Inc. (NASDAQ:AAPL)’s stock. As Seeking Alpha reports, Wall Street does name a number of risks for the company, which could be hurting its profit margins. Rising competition for smartphones and tablets could cut into Apple’s market share. Also the global economy is still sputtering as it attempts to recover.
Meanwhile other analysts continue to hold their bullish view on the stock, expecting it to recover nicely in 2013.