Apple needs an ‘iPhad’ to combat phablets, according to biggest Apple bull

5-inch iPhone Analysis
Topeka Capital Markets analyst Brian White pulled back a bit when he finally trimmed his $1,111 price target on Apple shares this past January, but his current $888 target is still among the highest on the Street. White is obviously thoroughly impressed with Apple’s (AAPL) current lineup and the new products currently in its pipeline — he sees an iPhone 5S coming in multiple colors this summer, as well as an “iTV” and an “iWatch” later this year — but he got the feeling during his current trip to the Far East that it’s time for Apple to embrace the current trend toward larger smartphones. To combat these monstrous Android handsets, White believes Apple needs to launch an “iPhad.”

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