Tag Archives: oled

Apple Stock Upgraded To Buy On iPhone 7, 8 Prospects

Investment bank Cowen turned positive on Apple ( AAPL ) stock on Wednesday, upgrading shares to outperform (the equivalent of a buy rating) from market perform (neutral). Cowen analyst Timothy Arcuri raised his price target on Apple stock to 135 from 125 on prospects for iPhone sales perking up, starting this fall with the upcoming iPhone 7 series. Apple stock was up 1.5%, near 109, in morning trading on the stock market today . Arcuri had been on the sidelines regarding Apple stock for about eight months before his change in sentiment. He says year-over-year comparisons and forward estimates for Apple have bottomed. The company is likely to see a rebound in smartphone sales this fall with the launch of the iPhone 7, as iPhone 6 owners decide to upgrade, he said in a research report. He also is excited about the prospects for Apple to switch to an OLED display from the current LCD screen next year. If Apple makes that move, it could skip its usual S cycle of incremental smartphone improvements and call the next model the iPhone 8 rather than the 7S. Some on Wall Street expect Apple to move to OLED in 2018, not 2017, but Arcuri is confident that Apple will accelerate its adoption of the technology. OLED, short for organic light-emitting diode, screens consume less power than LCD (liquid crystal display) screens and boast richer colors and darker blacks. OLED will give Apple greater freedom on product design because OLED screens are flexible. OLED displays could lead to “dreamy” new form factors for the iPhone, Arcuri said. Apple probably would have to source the OLED screens from rival Samsung in the near term, until other manufacturers can scale up production, he said. Other possible OLED suppliers include LG Display ( LPL ) and Japan Display, he said. One company benefiting from the speculation that Apple will move to OLED is Universal Display ( OLED ), which develops OLED technology for TVs and mobile devices. Shares of the Ewing, N.J.-based company were up 1.5%, near 53.50, morning trading. Meanwhile, Apple is finishing the design of the iPhone 7. That handset is believed to be waterproof and have a thinner, sleeker look. Apple is rumored to be eliminating the home button and the audio jack with the new design. The pressure-sensitive screen would take the place of the circular home button. People who want to use headphones with the iPhone 7 would have to use wireless Bluetooth headsets or wired headsets that plug into the multipurpose Lightning connector.

Apple Making The Perfect Smartphone For Donald Trump

For people with big hands — or who claim to have them, like Republican presidential candidate Donald Trump — Apple ( AAPL ) is working on a 5.8-inch smartphone. It’s “yuge,” as Trump would say. The Motley Fool and other news websites, citing a prepublication note from Taiwan-based tech publication DigiTimes, said that Apple plans to launch the 5.8-inch iPhone as early as next year, but more likely 2018. Apple currently sells iPhones in screen sizes of 4, 4.7 and 5.5 inches. The largest model is designated as Plus, with the iPhone 6S Plus being the latest handset in that class. The jumbo-screen iPhone would use an AMOLED (active-matrix organic light-emitting diode) display, which allows for thinner, more power-efficient displays than current LCD screens. AMOLED screens also boast more vivid colors, deeper blacks, better contrast and higher color saturation. Possible suppliers of the AMOLED screen include Samsung Display, LG Display ( LPL ) and Japan Display, DigiTimes said. If Apple launches the AMOLED screen smartphone in 2018, it would likely be called the iPhone 8, given the company’s naming pattern. Apple’s use of AMOLED displays would benefit Coherent ( COHR ), a maker of laser systems used in the manufacturing of technology including flat-panel displays, says Stifel Nicolaus analyst Patrick Newton. On Tuesday, Newton reiterated his buy rating on Coherent and raised his price target to 100 from 82 on the expected rise in demand for organic light-emitting diode, or OLED, displays in smartphones and other devices, Barron’s reported . Another likely beneficiary of Apple’s use of AMOLED displays would be Universal Display ( OLED ), which develops OLED technology. No word on what the 5.8-inch iPhone would be called. But to interest Trump — who defended the size of his hands on the campaign trail after taking a jab on that, of all topics, from rival candidate Marco Rubio — the new monster iPhone might have to come in gold. RELATED: Apple iPhone Demand ‘Soft’; Stock Gets Price Target Cut Apple Working On Dual-Camera iPhone 7 Plus Smartphone: Analyst .  

Facebook, Palo Alto Lead 5 Growth Champs Into Earnings

Facebook (FB), Palo Alto Networks (PANW) and Universal Display Corp. (OLED), a rumored future Apple (AAPL) supplier, are part of IBD’s Screen of the Day — Top Fundamentals, which includes companies with three-year EPS and sales growth rates of 25% or more. This article is going to look at these long-term growth winners, with a secondary sort based on expected earnings growth for the latest quarter. Along with Five Below (FIVE),iKang Healthcare