Apple Stock News: Apple Chooses BOE to Place its Initial Order for iPhone 15 Displays
Apple Stock News: According to MacRumors, Apple has made orders with BOE, a display manufacturer, for the iPhone 15 and iPhone 15 Plus for the second half of 2023. By 2024, BOE may surpass Samsung as the iPhone’s top display manufacturer. In the past, BOE has made vain attempts to get a bigger role in Apple’s supply chain after allegedly failing product validation tests. Samsung has already provided Apple’s largest displays, including those for the iPhone 14 Pro and iPhone 14 Pro Max.
New iPads in 2023
According to MacRumors, we heard a lot of rumors about an OLED iPad Pro and perhaps a brand-new 14.2-inch iPad during 2022. Can we truly anticipate the release of any new iPad models this year? While it’s still conceivable to see some new models this year, the current situation signals that new iPads this year are generally improbable. 2023 appears to be shaping up to be a quiet year for iPad hardware revisions.
Instead of releasing an 11th-generation model this year, Apple may decide to drop the ninth-generation iPad from the lineup and lower the price of the 10th-generation device. Seventh-Generation iPad Mini could be released, however the sixth- and seventh-generation iPad air and the iPad pro are unlikely, and the 14-inch iPad has been scrapped.
Apple is the Only Major Device Manufacturer Using 3nm Chips in 2023
According to MacRumors, as Qualcomm and MediaTek are unsure whether the newer process is worthwhile, Apple may be one of the few big device manufacturers to utilize the 3nm process in 2023. If Qualcomm wants to compete with Samsung in the “flagship handset market,” it may have to switch to the 3nm process technology. This year, it is widely anticipated that Apple will use TSMC’s 3nm technology, notably for the A17 Bionic processor found within the iPhone 15 Pro and iPhone 15 Ultra.
The Market Value of Apple Falls Below $2 Trillion
According to MacRumors, Apple’s valuation has dropped below $2 trillion for the first time since 2021. This decline is being attributed to growing worries about iPhone supply constraints in China as well as weakening demand for its products because of persistently high inflation and an impending recession. Due to weaker demand, some vendors will produce fewer parts for Air Pods, the Apple Watch, and MacBooks in the first quarter of 2023. Following a spike in demand for its products in 2020 and 2021 due to the COVID-19 epidemic, Apple briefly reached $3 trillion in revenue in January 2022. As more individuals worked, learned, and interacted with others online from their homes, Apple devices were in high demand.