Apple may introduce 3 new iPhones this year
The analyst expects this new iPhone to be priced to replace iPhone 8 and iPhone 8 Plus, as cheap as $699," 9to5Mac reported late on Wednesday.
Apple is reportedly gearing up to introduce three new iPhones this year and one of them will be more popular than the others, a top analyst with Taiwanese business group KGI Securities has said.
According to Ming-Chi Kuo, the most famous analyst with KGI Securities when it comes to Apple, the Cupertino-headquartered giant will aim to sell 100 million units of "a 6.1-inch iPhone it`s planning to release this year".
"The 6.1-inch LCD iPhone will apparently resemble the iPhone X with a similar full-screen design, but at a more accessible price for customers. The analyst expects this new iPhone to be priced to replace iPhone 8 and iPhone 8 Plus, as cheap as $699," 9to5Mac reported late on Wednesday.
"The replacement for iPhone X is believed to consist of a three-SKU 2018 iPhone lineup. A new iPhone X style device with improved internals, a larger `iPhone X Plus` with a 6.5-inch OLED display and the 6.1-inch LCD model," the report added.
Kuo also expects iPhone X to ship a total of 62 million units in its lifetime, adding the company will cease production of this particular model mid-year.
All three devices are expected to feature "Face ID" feature and lose the home button in favour of iPhone X`s gestural navigation.
The 6.1-inch iPhone device will not get a dual camera nor 3D Touch, according to a previous KGI report.
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.
RECOMMENDED STORIES
SBI 444-day FD vs PNB 400-day FD: Here's what general and senior citizens will get in maturity on Rs 3.5 lakh and 7 lakh investments in special FDs?
Power of Compounding: How long it will take to build Rs 5 crore corpus with Rs 5,000, Rs 10,000 and Rs 15,000 monthly investments?
Rs 3,500 Monthly SIP for 35 years vs Rs 35,000 Monthly SIP for 16 Years: Which can give you higher corpus in long term? See calculations
Looking for short term investment ideas? Analysts suggest buying these 2 stocks for potential gain; check targets
12:47 PM IST