Apple could be working on a slew of new products including a brand new 12-inch MacBook with a Retina display, if analyst Ming-Chi Kuo of KGI Securities is to be believed.

Kuo, who's had a decent record when it comes to Apple related predictions, has mentioned some new products and upgrades in a new research note. The development was first reported by 9to5Mac.

According to the research note, Apple will release a 12-inch MacBook with a Retina display, a new iPad with an even better resolution, and a budget iMac desktop computer, all in the year 2014.