Analyst sees iPhone X leading to a 'super long cycle' for Apple

Piper Jaffray analyst Michael Olson wrote a note to the firm’s clients today that is very bullish as far as Apple is concerned. Of course, the securities house has been high on the tech titan going back to the days when Gene Munster was covering the company for Piper Jaffray. Today, Olson wrote that thanks to the iPhone X, Apple is in line “to experience a strong multi-year iPhone trajectory, not the short-lived ‘super cycle’ that was anticipated.”

The analyst cites a growing interest in augmented reality, led by developers pushing out new, interesting AR based apps for the App Store. Also …


KGI analyst says Apple will offer two iPhone models with an OLED screen in 2018

This year, the Apple iPhone X was the first iPhone ever to use an OLED screen instead of the usual LCD display. Now, KGI Securities well respected Apple analyst Ming-Chi Kuo is   forecasting that two 2018 iPhone units will feature an OLED panel. One, he believes, will be the sequel to the iPhone X while the other could be a “Plus” variant of that phone. There were rumors about Apple prepping a handset with a 6-inch screen for this year, but that never appeared. As it turns out, we might see a 6-inch iPhone XI Plus next year.

Next year, Kuo sees Apple making the stainless steel band …

Apple iPhone 8 and iPhone 8 Plus have their prices cut in China; analyst calls Apple a "luxury" brand

Yesterday, we passed along a report that cited demand for the Apple iPhone 8 and Apple iPhone 8 Plus in China for Apple’s strong showing in the country during the third calendar quarter (Apple’s fiscal fourth quarter). During that three month period, Apple shipped 38% more iPhone units in the country than it did last year. However, a fresh report from Reuters that was published today, says that the price of the iPhone 8 has been cut by as much as 20% in China. The lower price is designed to lure buyers who otherwise seem fixated on the Apple iPhone X. The tenth anniversary model launches on Friday.

As …

Analyst says that Apple will not use cheaper parts or reduce accuracy for TrueDepth Camera on 2018 models

The Apple iPhone X hasn’t even been launched yet, and already KGI Securities analyst Ming-Chi Kuo is writing to clients about the 2018 Apple iPhone line up. Earlier this month, Kuo told clients that all 2018 iPhone models will feature a TrueDepth Camera and Face ID. Previously, we heard that next year’s handsets will all feature an OLED panel. The goal for Apple next year is to bring some of the technology that was reserved for the iPhone X this year, into the less expensive models for next year. The analyst also sees Apple adding the TrueDepth Camera into the 2018 Apple iPad tablets.

In …

Analyst cuts his forecast of 2017 Apple iPhone X production by 10%

According to a tech executive who is “in the know” when it comes to the production of the Apple iPhone X, the complex 3D sensors used on Face ID are still causing a major problem in the manufacturing of the device. Not terribly long ago, a financial newswire said that Apple’s yield for the iPhone X was 10%. To put that in perspective, it means that 90% of the units rolling off of the assembly line are failing to meet Apple’s standards. 

The anonymous tech executive says that the dot projector, part of the TrueDepth Camera system, is responsible for the production delays. This is seconded …

Deutsche Bank analyst says investors are too optimistic about the Apple iPhone X

During an interview with business cable channel CNBC on Monday, Deutsche Bank analyst Sherri Scribner said that based on Apple’s current stock price, investors are too optimistic about Apple’s prospects. As she put it, “Expectations are pricing in more than Apple can chew.” The analyst says that investors are expecting Apple to pull off a repeat of fiscal year 2015, which was led by the release of the iPhone 6 and iPhone 6 Plus. With a larger 4.7-inch screen on the former, and Apple’s first phablet represented by the latter, the company garnered revenue $31 billion above expectations.

The …

Top Apple analyst says TrueDepth Camera and Face ID will come to the iPad Pro next year

According to KGI Securities analyst Ming-Chi Kuo, versions of the Apple iPad Pro to be unveiled next year will include the TrueDepth Camera, like the one found on the Apple iPhone X. The camera is used for the Face ID feature on the tenth anniversary phone, which allows users to unlock their handset with a simple glance at the device. At the same time, Face ID also verifies the identity of the phone’s owner when Apple Pay is being used to make a payment.

According to Kuo, with the TrueDepth Camera coming to the Apple iPad Pro, so is Face ID. He believes that Apple is trying to make the high-end …

Analyst sees no supercycle for Apple, but predicts strong iPhone X sales

Raymond James’ Apple analyst Tavis McCourt wrote a note to clients today. In his message, McCourt stated that the big supercycle that was supposed to pump up Apple’s revenue and profits thanks to the new innovative 2017 iPhone models, might not take place. But thanks to what he sees as strong Apple iPhone X demand, the analyst expects Apple to report higher earnings next year as the average selling price of the iPhone rises as much as 10% in 2018.

McCourt’s note includes some data not favorable to Apple. He says that 37% of iPhone owners plan to upgrade to a 2017 iPhone over the next 12 …

Analyst says Apple iPhone 8, Apple iPhone 8 Plus pre-orders lower than usual

With pre-orders for the Apple iPhone 8 and Apple iPhone 8 Plus now on day six, a major trend is beginning to take shape and it isn’t looking good for Apple. Rosenblatt analyst Jun Zhang said in a note to clients disseminated today, that his analysis shows that pre-orders for the iPhone 8 series is trailing reservations placed for the Apple iPhone 6 and Apple iPhone 7. Like many other Wall Street analysts, Zhang says that customers waiting for the iPhone X unveiling to make a purchasing decision are holding off on pre-ordering the iPhone 8/8 Plus.

Zhang says that in China, pre-orders for …

Analyst says Apple iPhone 8/8 Plus sales will suffer in fiscal Q4 and rebound in the next period

While some analysts see the delay in the launch of the Apple iPhone X helping to generate quick sales for the Apple iPhone 8 and Apple iPhone 8 Plus, not all agree. Daniel Gleason, the senior analyst at Ovum, said that there are two types of iPhone buyers. Those who have to have the latest phone will be put off by the November 3rd launch date for the tenth anniversary model. Those who would be satisfied with the iPhone 8 or iPhone 8 Plus won’t be rushing to pick up either model right away. As a result, Gleason expects those belonging to the latter group, waiting to check out the iPhone X before …