Apple Stock News
The technology Giant Apple has filed an application with the United States Patent & Trade Office for a foldable electronic device. The application states that this technology is related to any kind of electronic gadget that has a display: laptop computer, tablet computer, cellular telephone, a wristwatch, or other electronic device.
Most likely that Apple’s most popular product, the iPhone, will be the device utilizing this technology. Apple is not the first company working on a foldable phone. Samsung is expected to release a foldable smartphone in 2018. The company has been working on this project for around five years. The Galaxy X will allow users to fold, bend, and change its size to suit their needs.
Moreover, ZTE has already launched a foldable phone this year. The Axon M. has two screens and a central hinge, which allows it to fold in half and open like a book. The dual screen can work in several modes, such as traditional – folded in half and behaving like a regular smartphone, independently – each screen operates by its own, extended – as a tablet, and most impressive in a mirror mode, where the folded phone can operate a double viewing screen.
Therefore, the world’s largest market capitalization company is joining the foldable phone race. Despite not being the first to launch this technology, Apple has much more of a chance of owning the market, since ZTE’s foldable smartphone has a far less impressive dual-screen device. Unlike other companies, Apple is going all out with an actual flexible, folding screen rather than a dual-panel design.
For the latest Apple Stock News, AAPL closed at $174.09 per share on November 27th, 2017. It generated losses of 0.5% from its previous close on November 24th, 2017, when it closed at $174.97 per share.
In the past, I Know First issued a bullish forecast for AAPL in 2016.
Since then, AAPL is with 49% gain.
I Know First subscribers received this forecast on October 23rd, 2016. To subscribe today click here.
Keep checking back for more news regarding AAPL. For Full AAPL forecasts and investment advice by our state-of-the-art algorithm click here.