SEOUL (Reuters) - Apple Inc's new iPhone will have a sharper and bigger 4.6- inch "retina" display and is set to be launched around the second quarter, a South Korean media reported on Thursday. Sales of the iPhone, first introduced in 2007 with the touch screen template now adopted by its rivals, account for around half Apple's total sales. Apple has decided on the bigger 4.6-inch display for its next iPhone and started placing orders to its suppliers, the Maeil Business Newspaper said, quoting an unnamed industry source. Its major display suppliers LG Display and Samsung Electronics Co declined to comment. Samsung, which is also the biggest challenger to Apple in smartphones, uses 4.6-inch OLED display for its flagship Galaxy S II smartphone, introduced in April last year. The high-definition "retina" display - containing several times as many pixels within the same area - is used in the latest iPad released earlier this month. The latest iPhone 4S was introduced in October last year. (Reporting by Miyoung Kim; Editing by Michael Perry)
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3 catalysts: 1) New iPad just started shipping 2) iPhone 5 to be released later this year 3) Anticipated China Mobile contract; (China Mobile has 650 million subs) “The scary thing about Apple is, as much success as they’ve had – they have very small share,” Wu tells us. “In the mobile phone market they only have 5-6% share and there’s no reason they can’t be in the double digits. We see a lot of room for growth there,” he says. "Then look at their computer market – without iPad it’s around 5% share; and with iPad it’s around 10%. But there’s no reason to believe they can’ t have 20%!” Wu isn’t alone in his optimism. Following is a look at some of the other prices targets Wall Street firms have on Apple. Firm ; 160; Old & #160; ; New Morgan Keegan $650 160; $800 Stern Agee $620 ; 160; $740 Credit Suisse 160; $600 & #160; ; $700 Citi
160;$600 160; ;$700 Goldman Sachs $660 160; $700 FBN & #160; ;$730 ; $ 760 Wedbush 160; $585 160; $750 Oppenheimer ; $570 ; 160; $700 Bernstein & #160; $600 & #160; ; $710 Source: StreetInsider What do you think? We want to know!