Morgan Stanley analyst Katy Huberty said the upcoming Apple iPhone 5S will have a 'killer feature' in an interview on the "Fast Money Halftime Report" with Michelle Caruso-Cabrera.
Barrons notes that Huberty predicted a big comeback for Apple due to software features for the phone, including a 'killer feature'.
"I do believe that AAPL is approaching a bottom. As you have heard, they are talking about returning more cash, and we think they will do that in coming weeks. But people don’t own AAPL for that, they own AAPL for innovation. You saw the Samsung Galaxy S4 come out last week, that shows you the innovation cards are up for grabs. What is lacking in that product [the S4] is a killer feature. We think that’s where Apple will surprise this year. This [iPhone] 5S cycle this year will be about a killer feature that drives consumers increasingly to the platform, and that increases the value of those 500 million accounts."
Apple is said to have already started production of the iPhone 5S which could feature a fingerprint scanner or even NFC capabilities. Release is rumored for between June and August.
Read More [via BGR]