The new rumor for Apple is that they will now launch 3 new iPhones in September of this year. Multiple new sources, including Per TechCrunch and Bloomberg report are reporting that the company is anticipated to introduce an updated iPhone X, a bigger iPhone and an iPhone 8 that will feature an iPhone X design.
Apple has been building anticipation that the updated iPhone X will be powered by Apple’s latest A12 chip with a 5.8-inch OLED screen. The latest chip will ensure faster processing speed and will significantly enhance camera performance overall. The bigger phone is rumored to also feature a larger display that will be 6.5-inch display along with a stainless-steel edges feature. It will also have 2 cameras on the back with an OLED display.
The iPhone X inspired iPhone 8 is expected to be the cheaper version this season. The device is likely to have aluminum edges instead of stainless-steel edges as found in iPhone X. Moreover, it is anticipated to have a single camera on the back and a 6.1-inch LCD display.
Expanding iPhone’s Stock
Apple’s fortunes are obviously tied to their iPhone product, which is by far is its biggest revenue big hitter.
The company has sold over 41.3 million units of iPhones within the past 2-3 years. The 3 new devices promise strong growth prospect for Apple, prior to the upcoming holiday season. Although none of the devices will be completely new like the iPhone 6 or iPhone X, the upgraded internal features are expected to attract new customers this holiday season.
Services to Boost from Steady iPhone Sales
Further, steady volume of iPhone sales ensures continuing demand for Services, which has emerged as the new cash cow for the company.
Apple Music has been one of the biggest new growth areas in services within the past few years. The company is gaining market share against Spotify in the United States market. And this outperformance has not just been a recent phenomenon. Over the years it has been outstandingly consistent. Maybe even more remarkable is the fact that we’re willing to share their latest stocks with you without cost or obligation.