Apple has not confirmed that the introduction of the iPhone will take place Tuesday, only that it is holding an event that day at 10 a.m. PT. Apple is expected to announce a lot of technological firsts in the world of smartphones at the iPhone launch event, especially involving the better facial recognition feature that is claimed to get rid of the TouchID fingerprint sensor.
Apple keynote event is hours away, and as is tradition, the company's online store has been put offline for a bit.
"As the company's flagship product, the device, rumoured to be called the iPhone X, will be key to driving up its already-gigantic cash pile and overall profitability". Now, Apple is apparently giving users the option to have a Trade-in kit delivered by mail, where the new iPhone will be delivered to you with a kit to return the old one by mail.
That's according to Morgan Stanley analyst Katy Huberty, which today maintained her Overweight rating on Apple, along with her price target of $182.00.
"The more advanced and innovative Apple intends to be, the tougher sourcing such supplies on time becomes".
"We focus on new technologies and being first to market", said Alice Milligan, chief customer and digital experience officer at Citi Global Cards.
The iPhone X will undoubtedly be the star of the show. Nowadays, Apple indeed behind the curve with its iPhone, whether this is the screen we are talking about or the camera. The event will be very closely watched by investors, given that the iPhone accounts for about two-thirds of Apple's revenues and also because this will mark Apple's first full redesign of the iconic device in about three years.
Fox News confirmed the Apple Watch Series 3 was seen briefly inside the Verizon app, marking the latest of a series of leaks surrounding Apple products.
Ming-Chi Kuo of KGI Securities claims that though Apple will be announcing the iPhone X, the wireless charging accessory will not be showcased.
Of course, who wouldn't be excited for a new iPhone, particularly one with constant rumors of new, exciting features surrounding it?
While Apple has been tight-lipped about what we can expect, it's likely that the event will include some major news for gadget heads.