According to streetinsider, Wells Fargo reiterated its Outperform rating on Apple’s stock and said that the Apple’s next iPhone “will be the biggest product launch in consumer electronics’ history” when it’s released this fall.

All of us know that every new iPhone model has been named the “biggest product launch ever” over the past five years, so I think you aren’t surprising I think.

Anyway, the next version of the iPhone is rumored to have:

  • 4G LTE connectivity
  • A case that’s 7.6 millimeters thin
  • NFC chips and antenna
  • A new 19-pin mini dock connector.

Wells Fargo & Company is a diversified financial services company with operations around the world. Wells Fargo is the fourth largest bank in the US by assets and the second largest bank by market capitalization. Wells Fargo is the second largest bank in deposits, home mortgage servicing, and debit card. In 2007 it was the only bank in the United States to be rated AAA by S&P, though its rating has since been lowered to AA- in light of the financial crisis of 2007–2010.

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