Apple Stock News
According to sources such as respected technology analyst TrendForce, as well as respected Apple analyst Ming-Chi Ku of KGI Securities, there will be three new iPhones released in 2018. The most noticeable change will be the size of the devices. The next generation of the iPhone X will come in two model ranges, standard and plus. The standard handset will remain at 5.8-inches. The plus version will have a display of 6.2-6.5-inches. This giant of a smartphone will test the limits of premium smartphone pricing with a likely sales price of $1,099 to $1,149. Both next generation iPhone X’s will use the second generation of Face ID technology which is expected to result in an increased screen-to-body ratio and possibly an increased memory configuration.
The third new iPhone should take the place of the iPhone 8 and 8+. It will have a LCD display and is rumored to be an upgrade to the iPhone SE with the display size growing from 4-inches to 6.1-inches. It is also rumored that the 2018 iPhones will rely on both Qualcomm and Intel 4G modems and they will all support Gigabit LTE transmission speeds. Only the 2017 iPhones that had Qualcomm modems could support these speeds before. This expanded iPhone lineup should be the most comprehensive to date due to the various options in terms of pricing and form. Apple also seems to have learned from its iPhone X production mistakes because according to Piper Jaffray analyst Michael Olson, 3D sensing suppliers “are being told to generate volume for the Fall 2018 launch that is three times what was made for the iPhone X this past year.”
In Other News
It’s believed that the iPad Pro lineup will get some of the new technologies now in the iPhone X. The new iPad Pro will have no home button, will feature a slimmer bezel, and it will support Face ID which would yield a larger display size. The tablets should still have LCD displays. Per Digitimes, Apple will also launch a new 9.7-inch iPad at a price of $259. This price is $70 less than the price of the popular iPad launched in March 2017.
According to Citi, there’s a 40% chance Apple will buy Netflix. It will be easier due to Apple having access to its repatriated cash soon. Apple has never done large acquisitions before, but Netflix is the clear leader in the streaming space and Apple is keen on succeeding in this market.
On September 8th, 2017, I Know First sent to subscribers a bullish forecast for AAPL. Since then, Apple’s stock has increased 8% in accordance with the forecast.
Current I Know First subscribers received this AAPL forecast on September 8th, 2017.
For the latest Apple Stock News, AAPL closed at $172.26 per share on January 2nd, 2018. It increased 1.79% from its previous close on December 29th, 2017, when it closed at $169.23 per share.
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