iPhone release could take place twice a year, analyst says

After meeting with the company’s CEO Tim Cook and Chief Financial Officer Peter Oppenheimer, Morgan Stanley analyst Katy Huberty believes Apple may offer “several annual refreshments” for its iPhone range.

Cupertino may change the product cycle fundamentally as it happened in 2012 with the iPad 3 and 4.

The traditional September keynote, which was once dedicated to the iPod line, could be turned into a specific event for the iPhone.

Another conclusion that Huberty drew from the discussions with the Apple execs is that she sees the tech giant’s future in the domain of mobile payment.

She expects Apple to take advantage of more than 600 million registered accounts on the iTunes Store.

Also, the new Touch ID will allow Apple to increase revenue from online services.

Source: AppleInsider