apple reportedly upgrading screens for all new iphone models: what it means
New iPhones are reported to have OLED screens, suggesting the technology giant\'s premium strategy is doubling.
According to South Korea\'s Electronic Times on May 28, several new iPhones will use brighter and more powerful OLED screens.
More efficient and expensive than LCD screens.
Apple\'s siphone X uses OLED screens and LCD screens for other models.
There has been speculation that Apple will launch one or two iPhones with OLED screens later this year, while the other is still using LCD technology.
Samsung Electronics Co. , Ltd. Apple OLED screen supplierLtd. (SSNLF)were down 1.
On Tuesday 9%, while LCD maker Japan monitor
Shares fell 8%.
OLED supplier General Display Company (OLED -Get Report)
The same news also appeared, up 7. 5%.
Tom Forte, an analyst at DA Davidson, said the report showed that Apple did not benefit from the premium pricing strategy of the $999 iPhone X, the most expensive phone ever.
\"It shows me that, as far as management is concerned, Apple believes [the iPhone X]
\"As a success, consumers seem to appreciate the OLED screen of their smartphones,\" Forte said . \"
\"This is one of the attractive features of the iPhone X,\" Forte said . \".
Earlier this year, Apple\'s stock was under pressure due to concerns about weak demand for the iPhone X, but CEO Tim Cook said consumers had bought high
In the second fiscal quarter, there were more smartphones per week than any other iPhone.
The company also announced a massive new share buyback program.
Apple shares fell 0. 6% to $187. 45 on Tuesday.
Shares have risen about 11% this year.
Jim Kramer\'s action alert PLUS member club holds Apple and Alphabet.
Would you like to receive a reminder before Jim Kramer buys or sells AAPL or GOOGL? Learn more now.