The Must-See Apple Inc. (AAPL) Product Blueprint

iPhone 6: Some argue that Apple may skip the 5S model and go straight to the 6. This would be unusual as Apple traditionally releases a half-step ‘S’ version between generations. The iPhone 6 could be available by summer of 2014 and may be sold in three sizes; iPhone 6 Mini, iPhone 6, and iPhone XL.

Low-cost iPhone: Rumors that Apple may be working on a low-cost iPhone were reignited by reports that the company’s suppliers are increasing their hiring activities. With the domestic market becoming saturated and growth moving to emerging economies, some analysts argue Apple needs to release a low-cost iPhone to maintain market share.

Is this a good strategy? Apple’s rivals have done well at lower price points.

Google Inc (NASDAQ:GOOG) Android operating system has had massive success penetrating emerging markets with its low-price strategy. The platform holds a monopoly-like 90% of smartphone share in China. Google Inc (NASDAQ:GOOG) has a sizable price advantage because of the platform’s ad-subsidy and the company provides licenses to hardware manufacturers for free.

Nokia Corporation (ADR) (NYSE:NOK) is also betting low-priced smartphones will help the company take share in emerging markets. Last Thursday, CEO Stephan Elop unveiled its new Asha 501. This phone will be marketed globally for under $100 and feature social networking sites and other popular applications.

Sales of the company’s mid-priced Lumia handsets have also been strong with the company reporting a 27% rise in shipments last quarter. This strategy has allowed Nokia Corporation (ADR) (NYSE:NOK) to retake ground in the global smartphone wars.

Fall: Housekeeping

The third and fourth quarter looks a little light in terms of possible announcements. Analysts are expecting a small refresh to the company’s Mac and iPod products.

Mac: A new Mac Book Air plus a refresh of the iMac and iMac Mini for release by Christmas.

iPod: Analysts expect the launch of the fifth generation iPod Touch and an iPod Nano refresh.

Looking further into the far back-half of 2013, things get even more speculative. Apple is rumored to be developing the iWatch, a wristwatch like device with a 1.5-inch touch screen. And of course there’s the much hyped iTV, Apple’s rumored smart television, which could reinvent the living room.

Foolish bottom line

But the main takeaway for investors: lots of upcoming catalysts that can propel Apple shares higher. Finally something to get excited about!

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