Apple working on foldable iPhone with LG Display

Apple teams up with LG Display for foldable iPhone
A New Rumor Surfaces in South Korea claiming that Apple and LG are Collaborating on a future Foldable iPhone
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12 Octubre, 2017

The pent-up demand for new iPhones is being driven by the aging installed base of handsets, Morgan Stanley analyst Katy Huberty said in a note to clients.

He told Boy Genius Report, 'We will launch the device only after overcoming a series of technological barriers'.

That OLED display also supports 3D Touch - Apple's pressure-sensitive screen technology - as well as True Tone, which seamlessly adapts the temperature of the display to the ambient light.

As The Verge points out, Kuo previously mentioned that 2018 iPhones (non-X units) would have the face recognition feature if the fledgling tech becomes a huge success this year. Apple had a net margin of 20.87% and a return on equity of 35.40%. (NASDAQ:AAPL) in a research report report published on Monday. The laptops start at $2,039 for the base version with 16GB of RAM and 256 GB of storage. The factory will help LG miniaturize the bendable screen technology it has developed for televisions and digital billboards in recent years.

In other Apple news, SVP Johny Srouji sold 10,469 shares of the business's stock in a transaction dated Wednesday, August 16th. Apple accounts for about 1.3% of Moon Capital Management LLC's investment portfolio, making the stock its 21st biggest holding. The sale was disclosed in a filing with the SEC, which is available at this link.

Among those planning to buy a new iPhone, 20% expect to get the premium iPhone X, while 23% plan to get the iPhone 8 and 16% plan to get the iPhone 8 Plus.

Another con to the deal is that while this may look like a great deal. Finally, Private Vista LLC purchased a new position in Apple in the second quarter valued at about $122,000. Apple already has a head start in the segment, and the company believes they will be able to maintain an unassailable lead over Android in the segment for the next few years. Corporate insiders own 0.08% of the company's stock. 21,927,637 shares of the stock traded hands.

Apple Inc. has a one year low of $104.08 and a one year high of $164.94. The firm currently has a $208.00 price target on the iPhone maker's stock.


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