Saturday, 17 April, 2021


Apple stock gains after report of three new iPhones

Final details about 2018 iPhones revealed 3 models with focus on speed and camera improvements big upgrade next year Apple stock gains after report of three new iPhones
Melba Vasquez | 31 August, 2018, 06:16

It has at least considered branding the new premium phones the "iPhone Xs", indicating that they're an upgrade to last year's iPhone X, the person said.

It is also believed that the price of the iPhone X successor will be slashed by $100, which means it will retail for $899. Upper tier models are using the much better OLED screens while Apple has opted for LCD for the cheaper model to reduce costs.

It's all about video, says Tim Bajarin, an analyst with Creative Strategies. If Apple follows its usual pattern, the company should unveil these new devices in just a couple of weeks.

Another will be a "high-end" large phone that's about the size of the iPhone 8 Plus but with an edge-to-edge screen measuring 6.5 inches.

Apple may have understood the trend, with the iPhone X previous year seen by some observers as testing the water for user acceptance of new features such as facial recognition and elimination of Touch ID fingerprint sensor. In addition, the new models all will use Face ID to unlock the phones.

Apple's analyst Ming-Chi Kuo of KGI Securities has promised that three new iPhone including two of Apple's biggest smartphones ever is on tap for 2018.

As per a report, the advanced hardware on the upcoming iPhone will help the smartphone to recognise three or more fingers from a gap of 50mm in the air. The $699 6.1-inch priced iPhone, which is expected to supersede the iPhone 8 series, is expected to be the best-seller because of its price-friendliness, Face ID camera, flagship-level internal specifications, and near-bezel-less design.

Apparently there's a significant market for phones outside the USA where that price tag made the iPhone X unaffordable for may overseas buyers where Samsung Android phones are popular alternatives. The foundry is also expected to fully recover in the fourth quarter from a virus infection's impact on its third-quarter sales performance in August, allowing the company to maintain a higher single-digit growth for its 2018 revenues. And newer iPad Pros with same iPhone X like design, FaceID and multitouch gestures.

Success of the new phones will also be crucial for driving Apple's services income including iCloud, Apple Pay and Apple Music, as well as various digital download services within its ecosystem. Bloomberg claims that the 6.1-inch LCD iPhone will have a variety of color choices for customers to choose from. The report cites multiple anonymous sources.

Expect everything to be revealed around September this year.

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