Piper's Gene Munster declares there's an 80% chance Apple (AAPL +3.4%) will hit his sales...

|About: Apple Inc. (AAPL)|By:, SA News Editor

Piper's Gene Munster declares there's an 80% chance Apple (AAPL +3.4%) will hit his sales forecasts for the next-gen iPhone, in spite of Qualcomm's (QCOM) 28nm chip supply issues. In typical form, Munster adds the next iPhone will trigger the biggest "upgrade cycle in smartphone history." Meanwhile, Jefferies' Peter Misek predicts Apple will lower the unsubsidized price of the iPhone 3GS to $250-$300, to help it better compete with Android in emerging markets. (previous)