Consumer discretionary

Apple Inc. (AAPL) Is Highly Depending On Its Next iPhone Model to Become A Hit

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Apple is highly dependant on its iPhone offering for its total revenue generation

2016 was the first time in over a decade that Apple Inc. (NASDAQ:AAPL) experienced a decline in sales for its iPhone offering. Also, it is critical that the Cupertino-based tech giant’s iPhone model, dubbed as iPhone X is a success, considering that the company earns around 60 percent of its total revenue through its smartphone offering.

Keeping a track on the latest news on the gadget, you would already know that no other device has managed to raise as much anticipation as Apple has done with its ‘tenth-anniversary’ iPhone model. Apple has recently celebrated ten successful years since it first launched the original iPhone model.

Although the Cupertino Company has remained its usual tight-lipped regarding its next set of smart projects but recent speculation has assisted in generating an accurate perception regarding the Apple’s next flagship smartphone device.

Apple is fully-expected to finally ditch its decade long association with IPS LCD technology and incorporate an OLED display in its highly-anticipated iPhone X. This will allow the Cupertino Company to finally better compete with its closest rivals in the world of smartphones. Also, the upcoming flagship device should come equipped with a faster and more efficient processing chipset. Recent rumors have also pointed at the possible incorporation of an edge-to-edge display on the company’s tenth-anniversary iPhone model. Furthermore, all upcoming variants of the next-gen iPhone are expected to offer wireless charging. Stay tuned for more news involving the tech giant’s upcoming projects.

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