Apple to make iPhone 8 screen bigger than iPhone 7

Apple to make iPhone 8 screen bigger than iPhone 7

Sure, it was a good-looking handset, but it seemed to look almost identical to the iPhone 6s before it - minus a headphone jack, of course.

Beech Hill Advisors Inc. raised its stake in Apple Inc. FNY Managed Accounts LLC boosted its stake in Apple by 852.4% in the second quarter. Prudential PLC now owns 4,046,247 shares of the iPhone maker's stock valued at $468,637,000 after buying an additional 190,857 shares during the period. Vantage Financial Partners Ltd. Inc. bought a new stake in Apple during the second quarter worth about $400,000. Finally, Glacier Peak Capital LLC purchased a new position in shares of Apple during the fourth quarter valued at about $127,000. Apple faces challenges from Samsung's Galaxy Note 8 and Google's Pixel 2 this year. 26,257,096 shares of the company's stock traded hands. The firm has a market cap of $813.42 billion, a price-to-earnings ratio of 17.88 and a beta of 1.31. The stock's 50 day moving average is $149.92 and its 200-day moving average is $144.27.

Apple (NASDAQ:AAPL) last posted its quarterly earnings data on Tuesday, August 1st. The iPhone maker reported $1.67 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $1.57 by $0.10. The company had revenue of $45.41 billion for the quarter, compared to analysts' expectations of $44.94 billion. Apple had a return on equity of 35.40% and a net margin of 20.87%. During the same period last year, the company earned $1.42 EPS. On average, equities analysts expect that Apple will post $9.02 earnings per share for the current fiscal year.

Apple announced that its board has approved a stock buyback program on Tuesday, May 2nd that authorizes the company to repurchase $50.00 billion in shares. This buyback authorization allows the iPhone maker to purchase up to 6.5% of its shares through open market purchases. Stock buyback plans are typically an indication that the company's leadership believes its stock is undervalued.

On its left and right sides, there will be functional keys. Shareholders of record on Monday, August 14th will be given a dividend of $0.63 per share. This leak is just one of the many leaks discovered by developer Steve Troughton-Smith. This represents a $2.52 annualized dividend and a dividend yield of 1.60%. Apple's dividend payout ratio (DPR) is currently 28.64%.

TRADEMARK VIOLATION NOTICE: "Apple Inc". The original version of this report can be read at

AAPL has been the discussion subject of Quite a few latest study reports. However, there is no any information on changing the color of the home button to different applications.

ILLEGAL ACTIVITY WARNING: "Bank of America Corporation Reaffirms "Buy" Rating for Apple Inc". Drexel Hamilton reaffirmed a "buy" rating and issued a $202.00 price target on shares of Apple in a research note on Thursday, July 6th. Rosenblatt Securities reissued a neutral rating and issued a $120.00 price target on shares of Apple in a research note on Monday, April 17th. Also, SVP D Bruce Sewell sold 31,625 shares of the firm's stock in a transaction dated Monday, August 7th.

In other news, insider Craig Federighi sold 64,500 shares of the business's stock in a transaction that occurred on Wednesday, May 24th. Following the completion of the transaction, the insider now owns 447,151 shares of the company's stock, valued at $68,691,336.62. "This is a drastic change from the rose gold colour". The stock was sold at an average price of $155.27, for a total transaction of $1,855,321.23. Following the sale, the senior vice president now owns 112,430 shares in the company, valued at approximately $17,778,555.90.

You can take a look at all the leaked specs here. Veritable L.P. now owns 275,890 shares of the iPhone maker's stock worth $39,734,000 after buying an additional 11,698 shares during the last quarter.

Apple Inc (Apple) designs, manufactures and markets mobile communication and media devices, personal computers, and portable digital music players, and a variety of related software, services, peripherals, networking solutions, and third-party digital content and applications.