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Analyst expects foldable iPhone in 2020; new iPad coming next week?

Published 03/23/2018, 11:38 AM
© Reuters.  Analyst expects foldable iPhone in 2020; new iPad coming next week?
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  • Bank of America Merrill Lynch (NYSE:BAC) thinks Apple (NASDAQ:AAPL) could release a foldable iPhone in 2020.
  • Analyst Wamsi Mohan cites checks that “suggest that Apple is working with suppliers on a foldable phone (that potentially could double up as a tablet) for launch.”
  • Mohan expects this fall’s iPhones to “be largely unchanged” for the OLED versions except for the size changes.
  • New iPad: Apple is holding an education-focused event in Chicago next week, and Bloomberg sources say the company could launch low-cost iPads alongside educational software.
  • According to Futuresource Consulting, Apple accounted for 17% of Q3 mobile computing shipments to American students from kindergarten to high school. Google (NASDAQ:GOOGL) held 60% of the market and Microsoft (NASDAQ:MSFT) held 22%.
  • A new, low-cost MacBook is expected soon but likely won’t be ready for next week. The laptop is rumored to have a cost less than $1,000.
  • Apple shares are down 0.11% to $168.66.
  • Now read: Apple Will Benefit From The Trade War


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