Future of Apple: Do you ever sit back and wonder what goes through Gene Munster's head concerning the future of Apple Inc. (NASDAQ:AAPL) ? The Piper Jaffray analyst is staffed with the job of keeping close tabs on the Cupertino-based company, hoping to dig up new information and supply investors with targeted advice. Earlier today, we posted this article talking more about Munster's thoughts on the potential for a cheaper Apple Inc. (NASDAQ:AAPL) iPhone hitting the market sometime in 2013. As we noted, this was not the first time Munster has talked about a lower priced iPhone. In fact, this is something the analyst has been talking about for quite some time. In this piece, he first talked about a cheaper Apple Inc. iPhone at the beginning of the year. Before we get into the finer details of his thoughts on this new smartphone, it is important to note that he recently cut his price target for Apple from $788 to $688.