Wednesday, 17 October, 2018

Apple might debut iPhone SE 2 in May with no headphone jack

Apple working on iPhone SE 2 Report Apple working on iPhone SE 2 Report
Mandy Jefferson | 22 April, 2018, 01:57

There's not much doubt that after a year of anticipation, numerous tech-savvy and Apple faithful hurried out to buy an X after it hit shelves in early November. Now today, it is being said that Apple might be killing the iPhone X totally.

He added that iPhone X didn't work because it was very expensive. The device starts at $999 for the 64GB model, and the analyst states that consumers are not buying high-priced phones.

Taiwan Semiconductor Manufacturing, or TSMC, the world's largest semiconductor foundry company, revised its full-year revenue target to the low end of its forecast. With that in mind, Mirabaud Securities analyst Neil Campling says that there is an oversupply of chips at TSMC which "has never been higher". Campling believes its the X's price that's preventing people from buying. Eight analysts have made estimates for Apple's earnings, with the lowest sales estimate coming in at $60.71 billion and the highest estimate coming in at $61.81 billion. And its silence on the topic is making matters worse. Bank of America downgraded shares of Apple from a "buy" rating to a "neutral" rating and raised their target price for the company from $180.00 to $220.00 in a research note on Wednesday, January 17th. With the repeated criticism of Apple products such as iPhones, MacBook Pro Laptops, the Apple shares suffered 4 percent drop on Friday.

First, Apple is finding a way to make more money from iPhone customers by selling them services like apps and Apple Music. It is also being said that the iPhone X will also be discontinued if the earnings from it don't amount to a substantive amount.

Those reports, however, followed a study from Counterpoint Research that suggested Apple's iPhone X captured more profits in the fourth quarter than any other handsets. "While the numbers may abate a bit, it's still hot".

Theresa May's Irish Brexit border plans have been 'annihilated' by European Union negotiators
Now a cross-party group of MPs - including Conservative Nicky Morgan - have called a vote on the issue in the Commons next week.


CNBC passes along Campling's call on Apple.

Apple's iPhone sales in the June quarter will significantly disappoint versus Wall Street expectations, according to Morgan Stanley. Most of the answers Piper Jaffray received were at least related to price. Apple isn't known for releasing phones in May so it's hard to tell how reliable this rumor is.

According to what a KGI analyst, Ming-Chi Kuo had claimed that the second generation iPhone SE will be a highly incremental update with just a specification bump and minimal design changes.

Overall it seems that the iPhone SE 2 will be a minor upgraded version of iPhone SE. The only one who knows is Apple. However, he clarified that old inventory of iPhone X will still be on sale, but no new iPhone X models will be produced. There will be no notches on top of the display, no Face ID technology too.

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