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Jony Ive says Apple's iPhone X design is only the beginning

Jony Ive says Apple's iPhone X design is only the beginning

Currently, Samsung is exclusively supplying panels for the latest iPhone X, the first OLED iPhone. This could mean that Apple could postpone its usual iPhone launch that year. The percentage of iPhone users planning to stick with the brand increased to 94% from 92%, while the percentage of non-iPhone users planning to buy an iPhone rose to 14% from 12%. The business's revenue for the quarter was up 7.2% compared to the same quarter last year. Apple had a return on equity of 35.40% and a net margin of 20.87%.

A number of equities analysts recently weighed in on the stock.

Samsung, however, has an edge over Apple in terms of foldable smartphones. On the other hand, the iPhone 8 duo comes with the latest A11 Bionic SoC and glass rear panel for wireless charging functionality. Today, we'll look at that and other Apple Rumors for Wednesday.

Talking to Japanese-language site CasaBrutus Ive acknowledged that there was some pressure to complete the new design by the 10th anniversary of the iPhone, but claimed it was more of a "wonderful coincidence" to have the redesign ready.

Meanwhile, Apple has seemingly just begun work on the foldable handset. The stock presently has an average rating of "Buy" and a consensus target price of $157.06. Cordasco Financial Network now owns 3,233 shares of the iPhone maker's stock worth $466,000 after purchasing an additional 49 shares during the period.

Estimates suggest Samsung could earn $4 billion in total from the phone, if sales live up to expectations. Also, insider Angela J. Ahrendts sold 63,388 shares of Apple stock in a transaction on Thursday, October 5th. While we recognize that the consideration to purchase an Apple Watch does not necessarily translate to a purchase, we see an upward bias to Street Apple Watch forecasts.

The foldable iPhone will most likely become reality only in 2020.

Also, it is pointed out that is LG ready to produce rigid flexible printed circuit boards or RFPCBs for smartphones. Finally, Private Vista LLC purchased a new position in Apple in the second quarter valued at about $122,000.