Major Changes and Features Slated for Apple Inc. (NASDAQ:AAPL) Next Generation iPhone

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An Apple Inc. (NASDAQ:AAPL) 5-inch iPhone could be released in the next year featuring a dual lens camera. It would be similar to the iPhone 7 Plus as Portrait Mode would be applicable to both. But unlike the iPhone 7 Plus which has a horizontal layout for the dual lens camera, the upcoming iPhone would have a vertical layout instead. This is according to a reputable Japanese blog, Mac Otakara, which received the information from an unidentified Taiwanese supplier.

3D Photography

The dual lens camera rumor is further reinforced by a report from a Korean publication which states that Apple is working with LG on the development of a dual lens camera that would make 3D photography possible. iPhone 7 Plus’ camera was developed by LG.

Another rumor states that some models of the upcoming iPhone could have an OLED display. This is, however, complicated by the fact that one of the most experienced and prominent firms in the manufacture of OLED-making machines, Canon Inc (ADR) (NYSE:CAJ) Canon Tokki, might not be in a position to meet demand.

“The potential production bottleneck is raising questions over Apple’s ability to feature OLED displays in next year’s iPhones, and whether the Cupertino, California-based company will be able to line up additional suppliers,” a report on Bloomberg concerning growing backlog of orders at Canon Tokki noted.

Curved Screen

A curved screen is yet another supposed feature of the upcoming iPhone. Samsung is expected to supply curved screens for the iPhone 8 according to a Korean publication.

Another point of speculation concerning the upcoming iPhone has to do with the number of models that are likely to be released. The consensus so far from various sources is that there will be three models. While two of these models may not have revolutionary specifications, there will be one on the extreme high-end boasting features such as wireless charging and a full OLED display that eliminates the bezels. This iPhone, code-named Ferrari, will also do away with a physical home button and instead have a touch-sensitive home button.

In Tuesday’s trading session, shares of Apple Inc edged up by 0.64% to close the day at $117.26 a piece.

Ruchi Gupta works as a full-time freelancer and her content spread over from tech news to analysis on equities. Earlier, she had worked in the capacity of a Senior Research Analyst with Nigeria’s largest financial newspaper. She also had stints with companies like Genpact (for its GE domain), Zacks Research and ABN AMRO Bank spread over a period of five years. She holds a first degree in Accountancy and Post Graduate Diploma in Business Administration (First Class) from the International School and Business and Media in India.