3D Touch to Be Dropped From New iPhones

3D Touch

Apple bundled the adapter with the iPhone 8 models and iPhone X, though it was hinted previous year that the same practice may not carry over into 2018. At Friday's close, the shares were down by 10.7 per cent...

Apple stock fell this month after one of its key chip suppliers warned of "continued weak demand". When the iPhone series relinquishes its 3D Touch functionality, it would ultimately just be a matter of Apple standardizing the features on its devices across the board. But Apple is planning to launch an update on the iPhone SE, most likely an iPhone SE 2, analysts suggest. MacRumors says based on the document that it appears the analysts are "merely guessing" about Apple's decision to stop bundling the adapter. For Apple, the iPhone generates about two-thirds of sales, and the other third comes mostly from products and services best used with an iPhone.

Mark Moskowitz, an analyst with Barclays, wrote in an investor note Monday that the iPhone X's "price point was too high and likely alienated many users". "That launch itself could move iPhone sales up 5% a year", said Gene Munster, co-founder of Loup Ventures and a longtime Apple analyst. Here's how the iPhone X looks in pictures. Apple could use the cash to bolster its Apple Pay product by buying a company like American Express or making other investments to make consistent revenue off transactions.

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Wall Street analysts expect the vast majority of those profits to be given back to shareholders in the coming years, in a move that could take Apple's cumulative capital returns since 2012 to as much as $450 billion by 2020. Even though the iPhone X starts at $999 and the iPhone 8 starts at $699, the iPhone X only costs around $115 more to produce. That made it hard to price the product much below $1,395, without slicing Apple's legendary profitability.

The LCD model will also probably boast a stronger display glass that will be lighter but more durable, according to a new report released by KGI Securities.

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