Late on Fri. night, the iOS 11 GM (golden master) software build was leaked to two Apple rumor sites, confirming several new Apple products:
- iPhone 8 and iPhone 8 Plus: Updated versions of Apple’s 4.7″ and 5.5″ iPhones with LCD displays and the traditional home button.
- iPhone X: An all new 5.8″ iPhone with an edge-to-edge OLED display, no home button (instead using Face ID for unlocking), advanced AR-related sensors and cameras, and potentially wireless charging.
- Apple Watch with LTE: A new Apple Watch with iPhone-less connectivity and dramatically increasing usability. We believe this will add about 2% to our Apple growth rate in FY18. Details below.
- AirPods: Minor updates to Apple’s wireless headphones, perhaps to increase production output and/or yield, and approach supply/demand equilibrium faster.
- Bonus: New Wallpapers (here) to show off the new OLED display on the iPhone X.
image source: iDrop News
Augmented Reality Capabilities. While the new hardware will draw the most attention, the most significant change with long-term implications is the addition of 3D sensing capabilities that enable augmented reality applications (also likely to be included on new iPhone and iPhone Plus models). While AR applications will be backward compatible to the 2015 iPhone 6s, the addition of designated 3D and computer vision hardware on the iPhone Pro would be a big step toward putting AR in the hands of everyday users. It would also a big step toward the next generation of computing – beyond the smartphone.
Disclaimer: We actively write about the themes in which we invest: artificial intelligence, robotics, virtual reality, and augmented reality. From time to time, we will write about companies that are in our portfolio. Content on this site including opinions on specific themes in technology, market estimates, and estimates and commentary regarding publicly traded or private companies is not intended for use in making investment decisions. We hold no obligation to update any of our projections. We express no warranties about any estimates or opinions we make.