According to the rumors, Apple's iPhone 8 event is said to take place on the 12th of September. Investors must be seeing dollar signs whenever the thought of a $1,000 iPhone 8 price tag enters their heads-that is, of course, if they're not anxious about whether Apple can convince consumers to shell out that kind of money.
It seems there's still confusion over the name of Apple's next iPhone, just days before the handset is due to be unveiled. It will probably be one of the best and most talked about moments of the company on the day of the launch.
AAPL has been the subject of several recent research reports.
Reports from both TechCrunch and The Wall Street Journal are claiming to have insider information who has revealed to them that the iPhone 8 will be announced on the 12th of September. Other than that we doubt that we will be seeing any iPad or Mac-related announcements at this particular event. Moskowitz's ideas actually sound more realistic than other bundle suggestions we've heard in the past though. The fund owned 40,745 shares of the iPhone maker's stock after selling 1,466 shares during the period. And it will be pronounced as iPhone 10. To put that into perspective, the iPhone 7 is 4.7 inches and the iPhone 7 Plus is 5.5 inches.
I'd always fancied that Apple wouldn't go the traditional S-naming route for its two less exciting phones, which will purportedly enjoy wireless charging and better cameras, but perhaps not much more that is new. It is unlikely the iPhone 8 will have such an advancement. The company had revenue of $45.41 billion for the quarter, compared to the consensus estimate of $44.94 billion.
He also sees $1.3 billion in gross profit accretion despite the 1.8 points of margin percentage dilution. The company presently has a consensus rating of Buy and an average target price of $168.67. Sorry, Apple fans, it looks like this might be the closest you get. Speaking about the display, the screen of the new Apple Watch Series 2 has OLED retina display which is twice brighter than the first watch. Besides, Bloomberg reported earlier this week that the company has quite the upgrade planned for its tenth anniversary device.