Get into phablets, Barclays counsels Apple; Huawei may dominate the screen size wars when it releases its 'Ascend Mate' 6-inch phablet.

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Barclays Capital's Ben Reitzes this afternoon reiterates an Overweight rating on shares of Apple (AAPL), and a $575 price target, writing that he's "longing for an iPhablet," a twist on the phenomenon of smartphones with much-larger screens.

Reitzes writes that his colleagues on the tech team project phablets will come to dominate smartphone shipment growth, rising 105% between last year and 2015, from 27 million units to 230 million. As a consequence, the one-handed use of the iPhone 5 is "less important since phone calls are becoming less important than navigation, texting, videos, books and Web access for many."