Global Equities Research‘s Trip Chowdhry: iOS7 far superior to anything that is available out there
Saw this on a Barron's blog:
In a somewhat more mysterious vein, Global Equities Research‘s Trip Chowdhry and colleagues today reiterate an Overweight rating and a $650 price target on Apple stock, writing that they have been attending about 9 to 12 tech conferences per month this year, and speaking to “400 to 500 people a month,” and that based on those conversations, they arrive at the common view that “iOS7 has a very simple, clean and uncluttered UI (User Interface), which may take little time to be appreciated.”
The authors add that “iOS7 is completed new UI, which is far superior to anything that is available out there.”
“Apple will aggressively go with Patent Infringement for each and every competitor that may have even tried to copy a small feature from iOS7.”
They also add that the new UI may support new touch gestures called “bend” and “squeeze.” I inquired with Chowdhry as to what that means, but he has no additional information.
The group observes that “None of the Apple currently shipping products support these gestures, which indicates a very high likelihood of a completely new Device that supports both Bend and Squeeze gestures.”