BTIG Research's Walter Piecyk, who has a Buy rating on Apple shares and a $198 price target, today writes that although sales of the iPhone have been weaker than expected, and are likely getting weaker still, the average selling price of the thing may end up being better this quarter than the Street expects, which could help sales and profit.
As of yet, we're unknown that what in particular Apple has in store for the users.
Apple is reportedly working on a foldable iPhone with Asian partners, Bank of America Merrill Lynch told CNBC.
The model would replace the MacBook Air, Apple's ultraportable laptop released a decade ago.
As for Apple's foldable iPhone, it remains to be seen if the company succeeds in creating a revolutionary device that will awe the market and strengthen its position in the consumer electronics industry. When the iPhone unfolds, the screen would expand tablet size, according to the report.
However, reports the company is working with LG on flexible display technology, coupled with an Apple patent outlining an "electronic device [that] may have a flexible portion that allows [it] to be folded," mean there might just be be some merit to the analyst's comments.
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It isn't doing much better overseas with another $2.3 million and just $14.1 million total in just 31% of global territories. The first film became a success on the back of worldwide grosses, and Uprising is hoping to follow in down that same road.
-Apple is rapidly expanding its self-driving vehicle testing. General Motors' Cruise division has 110 permits-the most of any company.
The key to this technology is found in the development of OLED panels.
In recent years, Google and Microsoft have had success selling cheap laptops and tablets to schools.
The mix of iPhone X obviously rose during the quarter based on the late launch in CQ4. India, much like China, has been on Apple's list of potential growth areas for years, and while the India plant only accounts for a fraction of iPhone SE units, building the iPhone SE 2 exclusively in India would be a major shift.
Bloomberg's report says that Apple's new initiative is to win back students and teachers from competitors Google and Microsoft after Apple changed its focus. Other iPads have to make do with Bluetooth keyboards. MicroLED displays are also more energy-efficient, which should translate to longer battery life on Apple Watch, iPhone, and other products. He adds that future iPhones may also get support for the Pencil.
Apple is going back to its roots by introducing a new low-priced iPad for the education sector.