- Apple (AAPL +2.4%) is adding to its summer gains following an ITC win against Samsung, and an AllThingsD report stating the next iPhone will be revealed on Sep. 10.
- Needham (Buy) has lowered its PT to $595 from $710 (still 27% above current levels), citing "a more hostile competitive environment." The firm's FY13 and FY14 EPS estimates of $39 and $42 are slightly below consensus.
- The WSJ reports something already widely expected: the 5th-gen iPad will use a film-based touch panel similar to the iPad Mini's, which in turn will yield thinner/lighter hardware.
- Fairly reliable KGI Securities reports the iPhone 5S' home button will be made of sapphire (an incremental positive for GTAT), and (to make room for its fingerprint sensor) will be convex instead of concave. The iPhone 5 features a sapphire camera lens cover.
- Meanwhile, Digitimes is again reporting (previous) fingerprint sensor production issues will limit calendar Q3 5S production. 3M-4M Q3 units are said to be expected vs. an initial 10M.
- Japanese blog Mac Otakara has joined the list of sites reporting the low-cost iPhone will be called the 5C, and that a gold color version of the 5S will be available.