Apple Inc. (NASDAQ:AAPL): iPhone 8 Will Be Less Curved Than Galaxy S8

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Apple Inc. (NASDAQ:AAPL): iPhone 8 Will Be Less Curved Than Galaxy S8

Apple Inc.’s (NASDAQ:AAPL) iPhone 8 will be less curved than the Samsung Galaxy S8, according to a note from JP Morgan analyst Rod Hall.

The analyst believes that the OLED iPhone model will not have an edge-to-edge display like the Galaxy S8, 9to5 Mac reported.

“While Apple’s new OLED form factor looks similar, current indications are for less use of curved OLED which may result in a slightly less “infinity” screen form factor,” Hall said in the note to clients.

Previous reports suggested that the high-end OLED iPhone 8 would be an expensive handset. It is said to get a hefty price tag of $1,000.

According to Hall, the average selling price of the entire next iPhone line to expand as the expected iPhone 8 hits around $1000 ASP.

The analyst predicted that the high-end iPhone models will come with a 3GB RAM configuration. He also believes that NAND Flash providers and other suppliers will “benefit from the potential content increase in the upcoming iPhone.”

Hall raised his forecast for the expected “iPhone supercycle” to 260 million units in 2018 from 245 million.

“We have raised our FY18 iPhone forecast to 260mn units (vs. consensus at 225mn) from 245mn units, driven by a strong feature upgrade and robust replacement demand, with the installed base at 1.1bn units. With a ~$1,000 ASP for the OLED model, we also anticipate ASP expansion in the next iPhone cycle.”

iPhone 8

Apple Inc. (NASDAQ:AAPL) is rumored to launch the iPhone 8 in September alongside “iPhone 7s” and “iPhone 7s Plus” models.

The 10th-anniversery iPhone is expected to sport a 5.8-inch OLED screen. According to the rumors mill, the iPhone 8 would feature a long-distance wireless charging technology.

Moreover, KGI Securities analyst Ming-Chi Kuo has predicted that the premium iPhone model would feature a dual-lens camera that Apple introduced in the 5.5-inch iPhone 7 Plus. According to a report from The Korea Economic Daily, the iPhone 8 might sport a 3D camera.

Shares of Apple Inc. (NASDAQ:AAPL) closed down 0.19% on Friday. The stock is up more than 24% year-to-date. During the last 12 months, the iPhone maker’s stock have surged nearly 36%.