Apple Stock News

AAPL closed at $132.12 on Friday, February 10, 2017 well above $109 price Warren Buffett paid for his Apple shares in last May. I Know First wrote an article on May 23rd, 2016, explaining the bullish outlook the algorithm made for AAPL and also explaining Buffett’s decision.

2017 promises a year where iPhone will have major upgrades. It’s already known about its radical redesign, but now there are further details on what could be its most significant new feature – and the additional cost it brings…

In a new report obtained by 9to5Mac, Kuo says Apple will finally introduce wireless charging across its upcoming iPhone ranges. This will double up with fast wired charging. However, there is a downside that comes with this news. Kuo says the introduction of wireless charging will lead to price hikes.

The main reason for this is the wireless charging component inside the phones. It creates a lot of heat and Apple has had to add a new graphite layer to protect the 3D Touch sensor behind the screen.

Apple appears to be going all out to bring the Wow Factor back to the iPhone range after sticking with essentially the same external design for three generations. If the company succeeds, a $1,000 price point is unlikely to keep committed Apple fans away and it will also see US prices catch up with some of the price hikes Apple made in other countries with the launch of the iPhone 7 and iPhone 7 Plus last year.

The pressure for Apple to perform in 2017 has stepped up after Galaxy S8 leaks revealed Samsung is also planning a smartphone redesign and Google will be back with the second generation of its Pixel and Pixel XL.

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