Here Comes Apple’s Product of the Year. Now What’s Next?

If you don’t already know, Apple (AAPL) is announcing the release of the iPhone 5. The latest version of the five-year-old product that now accounts for more than half of Apple’s revenues has yet to see the light of day, but has been discussed and analyzed as much as any 10 Android or Windows smartphone products.
“This is going to be the product of the year, obviously, and it’s probably going to propel into 2013, 2014,” says Todd Schoenberger of TheBlackBay Group. “You talk about a brouhaha, this is it,” he rants in the attached clip. “Everybody is lining up — you’re going to have people sleeping out overnight.”
The iPhone will be huge, but unless the thing washes your dishes for you, there isn’t much in the way of a huge surprise in the offing. The mysteries for Apple acolytes and Wall Street are what comes next and whatever happened to the Apple TV revolution so widely discussed earlier this year.
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About Todd Butterfield - (CEO, President) The BlackBay Group
BlackBay Capital Advisors - Investment Advisor, BlackBay Futures Group - Principle/Futures Broker, BlackBay Trading Advisors - CTA

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