Tech Updates

Apple IPhone 8 Could Be Scarce On Launch Day

GOOD DAY READER,

 

Predicted shipments of the highly anticipated Apple (AAPL) iPhone 8 could be hindered due to lower than expected yield rates at assembly plants and an inadequate supply of OLED panels, according to DigiTimes.

While Samsung’s (SSNLF) Samsung Display has pledged to provide Apple with the OLED panels, only 3 million-4 million OLED-based new iPhone devices will be ready for shipping before the debut of the new smartphones at a product event scheduled for September.

By comparison, Apple sold over 10 million iPhone 6 units during the phone’s launch weekend, which included one week of pre-orders. Apple did not disclose how many new iPhone 7s it sold during its launch weekend.

Nonetheless, based on the current supply of OLED panels, it will be difficult for Apple to ship up to 50 million to 60 million OLED-based new iPhones in 2017, the report said.

A VIP gives his market outlook: Nobel Prize winning-economist Robert Shiller told TheStreet’s Anders Keitz that U.S. equities markets are “quite high” currently but may go even higher in coming months, and that’s why he’s not exiting the market completely. Indeed there’s another thing that could have an unpredictable effect on the market Shiller explains: The narrative around Donald Trump.

“Short-run forecasting of the market is very hard,” said Shiller. “I think it’s a time for caution, but it could go up substantially.”

Apple iPhone 8 pictures leak: Apple’s (AAPL) iPhone 8 looks kind of cool. That is if yet another photo leak is to be believed. Noted Apple information leaker Benjamin Geskin tweeted photos of an alleged iPhone 8 finished prototype on Thursday evening (head here to see). Suffice it to say, Apple is gearing up for the mother of all product launches. And consumers look ready to respond.

About 92% of iPhone owners say they are “somewhat likely or “extremely likely” to upgrade their smartphone in the next 12 months, according to a note from Morgan Stanley. The loyalty rate is up sharply from 86% one year ago.

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Olabode Oludare
Editor In Chief at Theroyalstarinfo

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