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Apple plans 3 new iPhones this year: report

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01/11/2019 | 07:13pm EST

Apple Inc. is planning to release three new iPhone models again this fall, including a successor to the struggling XR, the Wall Street Journal reported Friday, quoting people familiar with the matter.

The U.S. tech giant plans to introduce some new camera features, including a triple rear camera for the highest-end model and a double rear camera for the two other models, the newspaper said in its digital edition.

Apple plans to offer two models with organic light-emitting diode displays and one model with a liquid crystal display, it said, adding that for 2020, the company is considering dropping the LCD model.

The paper said the OLED displays on current XS models are considered to provide better contrast than the less expensive LCD displays on the XR and earlier iPhones such as the 7 and 8 models.

==Kyodo

© Kyodo News International, Inc., source Newswire

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Financials ($)
Sales 2019 260 B
EBIT 2019 65 496 M
Net income 2019 55 489 M
Finance 2019 100 B
Yield 2019 1,96%
P/E ratio 2019 13,01
P/E ratio 2020 11,53
EV / Sales 2019 2,48x
EV / Sales 2020 2,42x
Capitalization 744 B
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Average target price 182 $
Spread / Average Target 16%
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Timothy Donald Cook Chief Executive Officer & Director
Arthur D. Levinson Chairman
Jeffrey E. Williams Chief Operating Officer
Luca Maestri Chief Financial Officer & Senior Vice President
Kevin M. Lynch Vice President-Technology
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