Health Care

Apple investors express concern as iPhone sales stall

Apple investors express concern as iPhone sales stall

Hal Eddins, chief economist at Apple shareholder Capital Investment Counsel, said that numerous massive acquisition targets often tossed around as possibilities for Apple, such as Netflix or Tesla, don't make sense from a valuation standpoint because Apple would be paying a premium relative to its own price-earnings ratio, which sits below overall market averages.

Apple's 3D Touch technology will be dropped from future iPhone models as the company works to drive down costs, according to a Tech Times report.

iPhone X in pictures - Apple's stunning new smartphone revealed Sat, September 30, 2017 APPLE'S iPhone X will be released in November and features a stunning new design with an edge-to-edge screen. As such, in an effort to cut costs, Kuo says Apple may abandon 3D Touch on the upcoming 6.1-inch LCD iPhone. Apple bundled the adapter with the iPhone 8 models and iPhone X, though it was hinted past year that the same practice may not carry over into 2018. According to the analyst, 2018 would mark the beginning of the end for one of the iPhone's most unique features - 3D Touch.




KGI's former analyst Ming-Chi Kuo said this new display technology - dubbed a Cover Glass Sensor or CGS - means cracking and shattering the phone screen is less likely, but he predicted it will not come out until Apple's 2019 phone releases. "That launch itself could move iPhone sales up 5% a year", said Gene Munster, co-founder of Loup Ventures and a longtime Apple analyst. The company is also working on technology such as touchless gesture control which could be a replacement to the 3D touch when it becomes available. The company is also planning to sell the iPhone X for a lot less money, this year around. 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.

After resuming dividend payments and instituting a share buyback scheme in 2012, Apple has added between $30 billion and $50 billion to its capital returns programme at around this time every year.

The bigger question now is whether Apple can keep ramping up revenue from other sources, most importantly its services division.