Apple Stock News: Impending iPhone 8 Release Date

Apple Stock News

For the latest Apple Stock News, AAPL closed at $152.09 per share on, July 24th, 2017. It generated a return of 1.21% from its previous close on July 21st, 2017, when it closed at $150.27 per share.

apple stock news

The highly-anticipated September 2017 release date of the iPhone 8 is approaching. Lately, new leaks, hype, speculation, and information are being released or spread about this new smartphone installment. These leaks continue to reveal key design details and features. However, official statements and releases are being withheld until September.

The iPhone 8 will be priced between $1,000 to $1,200. Thus, making the iPhone 8 the highest priced phone to be sold for Apple. It is no less reported to be revolutionary and unprecedented, incorporating Artificial Intelligence, Augmented Reality, waterproofing, wireless charging and the absence of the headphone jack (a feature present on the iPhone 7), just to name a few of the most attractive new features.

It appears Tim Cook and Apple are trying to pack in as much cutting-edge technology as possible. Hence, the unusually-high expected selling price. Now, although the iPhone 8 might simply appear to be just yet another extension of the iPhone product line (which it is), what is missing is that the iPhone 8 represents a paradigm shift in the smartphone business. This new addition is about luxury, fashion statements, new technology, and about changing the game.

Ultimately, as long as everything goes according to plan, the release of the iPhone 8 may very well be the windfall of sales and profitability that Apple so desperately has been searching for.

Keep checking back for more news regarding AAPL. For Full AAPL forecasts and investment advice by our state-of-the-art algorithm click here.

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