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KGI says Apple ditching Touch ID; iOS use grew in August

Published 10/13/2017, 10:25 AM
© Reuters.  KGI says Apple ditching Touch ID; iOS use grew in August
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  • KGI Securities analyst Ming-Chi Kuo thinks Apple (NASDAQ:AAPL) will move away from Touch ID entirely in favor of facial recognition.
  • Kuo says the iPhone X’s TrueDepth cameras and Face ID will help the company “capitalize on its clear lead in 3D sensing design and production for smartphones.”
  • Despite the production delays due to a 3D sensor component, Apple’s move into recognition stands apart from the 2D facial recognition offered by some Android models, which is easier to trick.
  • In other positive Apple news, Kantar data shows that iOS usage grew in August. The U.S. market share hit 35%, up 3.7 points on the year. Market share did drop 2 points in the UK due to Samsung (KS:005930) competition.
  • Apple showed notable market share growth in China, up 4.3 points to 17.7% in a region where the company has struggled to gain a foothold.
  • Previously: Nikkei: Apple's iPhone X still facing production delays (Oct. 12)
  • Previously: OLED prices will drop in 2019, potentially hurting Samsung (Oct. 12)
  • Now read: Apple: The November Earnings Wrinkle


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