Shaw Wu with Kaufman Bros, an investment banking and advisory firm has a new note out for investors that provides a little more in sight on the Apple Tablet.
According to chain sources indicate the launch pattern for the tablet could follow that of the original iPhone in 2007, with a January unveiling and final product shipping to consumers six months later. He said that the June launch could be due to "minor issues" with more work needed on battery life and durability.
Wu also expects the device to cost around $999, citing a $100 incremental cost for a large touchscreen, according to sources in the supply chain. In addition, additional costs over the iPhone and iPod touch would come in the form of semiconductors, glass, sensors and substrates.
Kaufman Bros. has predicted the "iSlate," as Wu referred to it, to sell a million units per quarter. Supply chain sources indicated that Apple hopes to build 5 million units in the first year of production. The company has reiterated its price target of $253 for AAPL stock.