On Friday Apple Inc. (NASDAQ:AAPL) share price closed at $171.51. Company net profit margin stands at 21.10% whereas its return on equity (ROE) is 36.30%. Apple Inc. (NASDAQ:AAPL) is -4.77% away from its 52 week high and its 52 week range is $120.62 – 180.10.
An analyst Ming-Chi Kuo at KGI Securities has been creative in January, and now he gives valuable insight into Apple (AAPL)’s iPhone plans for 2018 and his views not resembles with everyone on the Wall Street.
In total there are 3 recent reports of Kuo, in which he states that Apple (AAPL) will launch three iPhones, merely based on the iPhone X design in this year: a second generation 5.8-inch iPhone X, a 6.5-inch ‘iPhone X Plus’ and a long awaited and supersized 6.1-inch ‘iPhone X SE’, according to MacRumors.
It was stated by Kuo that all three new Apple iPhones will have larger battery sizes. He breaks these down as an incremental bump for the second generation iPhone X (2800 vs 2,715 mAh), a hefty 3,300-3,400 mAh battery in the iPhone X Plus and a battery up to 2,950mAh for the iPhone X SE. This is has been backed up by Chinese language site ET News.
In past expectations of Kuo, he said most probably Apple Inc. (AAPL) to cancel the iPhone X after one generation. The logic is by not retaining the phone at a cheaper price, Apple can keep its design limited to premium models only. Were it to drop the price to $800-850 it would also risk the iPhone X cannibalising sales of the less fully featured iPhone X SE.