- Apple (NASDAQ:AAPL) could launch a new iPad model next year with Face ID but not an OLED panel, according to Bloomberg sources.
- The iPad with Face ID would likely have a screen around 10.5 inches and would lose the home button in favor of the facial recognition unlocking.
- Why no OLED? Supply shortages and long manufacturing times led to iPhone X delays and the higher price since Samsung (KS:005930) is currently the only supplier.
- Other manufacturers won’t have the ability to produce tablet-sized OLED panels before next year. LG hopes to supply iPhone panels by 2019.
- In last week’s earnings report, Apple reported $4.8B in iPad sales, up 14% on the year, with 10.3M units sold, up 11%.
- Apple shares are up 0.65%.
- Previously: Apple won't have second OLED supplier until 2019 (Sept. 7)
- Previously: Apple up 2.9% after Q3 beats revenue, EPS, and device estimates (Nov. 2)
- Now read: Apple: Has iPhone X Silenced The Critics?
Original article