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APPLE

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Apple plans 3 new iPhones this year: report

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01/11/2019 | 07:13pm EDT

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 (USD)
Sales 2019 257 B
EBIT 2019 62 389 M
Net income 2019 53 335 M
Finance 2019 101 B
Yield 2019 1,47%
P/E ratio 2019 17,7x
P/E ratio 2020 16,0x
EV / Sales2019 3,24x
EV / Sales2020 3,15x
Capitalization 932 B
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Mean consensus OUTPERFORM
Number of Analysts 44
Average target price 212,51  $
Last Close Price 202,59  $
Spread / Highest target 23,4%
Spread / Average Target 4,90%
Spread / Lowest Target -26,0%
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NameTitle
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
Sector and Competitors
1st jan.Capitalization (M$)
APPLE28.43%932 132
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FITBIT INC-12.88%1 104
MERRY ELECTRONICS CO LTD--.--%1 069