Apple's next big thing? Video, analyst says

21.04.2010
Apple's next big thing may be a video platform that combines cameras in the next versions of the iPhone and iPad with the giant data center the company's building in North Carolina, an analyst said today.

During a quarterly with Wall Street and industry analysts Tuesday, Apple's chief financial officer Peter Oppenheimer cited "future product transitions" as a contributing factor to the anticipated decline from a 42% margin for the year's first quarter to a 36% margin for the quarter ending June 30.

The conservative guidance isn't unusual: Apple typically underestimates its margins for upcoming periods, and often explains that "future product transitions" are one reason why it won't clear as much profit.

But one analyst read more into those tea leaves.

"They seem to be saying that there's more to the next quarter than the introduction of a new iPhone," said Ezra Gottheil, senior analyst with Technology Business Research, referring to the expected launch of Apple's next iPhone this summer.

Gottheil thinks that Apple is ready to make a major move into video, and based his bet on a series of clues in the company's upcoming hardware, as well as the $1 billion data center in North Carolina that's now hiring personnel.