The tech giant might be bringing in some new technology to its platform; customers expected for the new features.
Apple, Inc. is expected to release its latest iPhone 7 sometime in September 2016. The Street has been mentioning some of the features that are likely to be seen in the latest smartphone y the Silicon Valley giant. The analysts and company are hopeful that the novel device will introduce some momentum in the slow year over year growth that has been happening in iPhone shipments.
According to Business Insider, a note was published by an analyst of Barclays stating that the technology giant might not be including ‘noise cancelling headphones’ with the new smartphone. This news was reported by analysts at Barclays, Blayne Curtis and Christopher Hemmelgarn. The tech organization is likely to use the basic digital codec in 2016 preparing the company to launch its lightning-connected headphones.
It is possible that Apple will completely eliminate its earphone jack due to which users will be forced to connect their headphones via Bluetooth to the device specifically through the iPhone maker’s Lightning connector. If the business were to ditch the traditional headphone jack, a number of companies as well as the organization’s suppliers would be able to benefit from it.
As per the note published by the two Barclay analysts, Apple Inc. will be including its Lightning connector headphones and give it away with the latest smartphone it will be launching in September; as for the Cirrus’ noise-cancelling technology, that will not be included in the in-box purchase till the iPhone 7s. The S series of the latest iPhone will be out sometime in 2017.
Additionally, it is expected to replace the headphone jack with a speaker, thanks to yet another of Apple’s suppliers, Cirrus Logic. After the ‘below expectations’ sales of the iPhone 6, the technology organization is going to try its best that it lives up to the expectations of its customers, investors and analysts with the launch of the 7 series.
In the upcoming year however the smartphone maker is likely to break a record with its latest noise-cancelling technology. It has managed to maintain a strong position in the market despite the fact that the smartphone market is at its saturation point now.
Presently, Apple stock is being traded at share price of $93.99 indicating an increase of 0.31% from its previous trading session. Furthermore, during the last trading session, the stock price of the tech giant was seen hit a high of $94.50 and a low of $93.01. The 52-week share price was reported to be $134.54 and the twelve month low was reported to be $92.00. The earnings per share reported by the Silicon Valley leader were $9.41 with price to earnings ratio of $9.98. The current market capitalization is of the once ‘most valuable company’ is at $522.75 billion.
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