KGI: 2018 iPhone X will keep 6P rear camera lens design

03 November, 2017, 00:31 | Author: Archie Newman
  • Image Vicky Leta  Mashable

But even the keenest iPhone X buyers might not be able to get their hands on Apple's most expensive smartphone for months to come, as Telstra revealed orders for this year's iPhones broke previous records, new Vodafone orders were delayed until after Christmas, and analysts predicted stock shortages could continue until May next year.

Apple gave a gross margin forecast of 38 percent to 38.5 percent, higher than many analysts expected because new products often have higher costs. Soon after people started pre-ordering the iPhone X on October 27, shipping times lengthened to as many as six weeks.

Apple fiscal 4th quarter sales results are in with a return to growth in the smartphone, tablet, and notebook markets.

Often reliable KGI analyst Ming-Chi Kuo said in a memo to investors that it is highly unlikely that Apple will integrate a 7P (seven-lens plastic array) or 2G3P (two glass, three plastic) design in the iPhone X successor's camera.

The company also showed off other new products in the back half of this year, amid back-to-school shopping season: the Apple Watch Series 3 with a cellular connection, its thinnest and lightest MacBook yet, and the Apple TV 4K. Device sales reached 46.677 million for iPhone, 10.326 million for iPad and 5.386 million for Mac. Its stock is up 45% so far this year.

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Apple edged closer to a $1 trillion valuation today as the technology giant's quarterly earnings blew away expectations, pushing its share price to a new high in after-hours trading.

This strong performance led to total revenue of $52.6 billion, up 12 percent from one year ago; net income of $10.7 billion was likewise up 19 percent year-over-year. "So, if the launch is tomorrow, the iPhone X units will arrive tomorrow or later tonight", a senior Apple executive told IANS.

"The Super Bowl for Apple is the iPhone X", GBH analyst Daniel Ives said. While that only represents a 2% increase year-over-year, Apple's other products more than picked up the slack.

"Apple's year-over-year revenue growth rate accelerated for the fourth consecutive quarter and drove EPS growth of 24 percent in the September quarter", Apple's CFO Luca Maestri added. By comparison, Apple shipped almost 217 million iPhones in its just-completed fiscal 2017. This was Apple's fiscal 2017 fourth quarter white ended September 30, 2017.

Apple has invested heavily in greater China - historically its third-largest market behind the Americas and Europe - and has a nascent customer base in India.

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