Market Overview

iPhone X Hints At 'The Post-Smartphone World'

Share:
iPhone X Hints At 'The Post-Smartphone World'

Apple Inc. (NASDAQ: AAPL) introduced a new normal Tuesday at its product reveal event.

With super retina display, facial identification and no home button, the latest core technologies of the iPhone X redefine the user experience and establish fresh industry standards.

“Underneath features like the new iPhone X unlock method, called Face ID, is a set of revolutionary 3D-sensing technology that will enable entirely new experiences with — and through — our devices,” Loup Ventures managing partner Gene Munster wrote in a note.

He’s talking augmented and virtual reality, fields in which Apple is deeply invested.

What More Can Be Done?

While its latest products certainly advance the long-term mission, the company still has aways to go by way of technology.

The new iPhone is not yet aligned with futurist expectations. Munster had anticipated advanced AR sensors on both sides of the device but instead only found them on the front, a limitation that may call for adjusted development timelines.

At the same time, the delayed tech rollout may actually hasten the future by expanding software accessibility. With lacking rear sensors, the iPhone X has similar capabilities as the 2015 iPhone 6S, which allows Apple to tap into a wider user base with AR software.

“Ultimately, this decision will accelerate the adoption of AR and the future of computing,” Munster wrote.

Signs Of Times To Come

Apple’s progress is seen not only in its iPhone line. Its advanced Watch Series 3 with LTE functionality lays the foundation for a post-smartphone world in which complex computing takes place not on a cumbersome handheld device but on a wearable.

“To be clear, we expect the smartphone to remain a dominant computing platform for many years, but a transition to the future of computing is clearly underway,” Munster wrote.

At $999 a unit, the iPhone X will begin shipping Nov. 3. The $399 Watch Series 3 hits shelves Sept. 22.

Related Links:

Why Broadcom Will Likely Be A Big Winner From Apple's iPhone Launch

Munster Considers Apple A 'Central Player In The Next Wave’

_________

Image Credit: Apple

Latest Ratings for AAPL

DateFirmActionFromTo
May 2020B of A SecuritiesMaintainsBuy
May 2020Deutsche BankMaintainsBuy
May 2020WedbushMaintainsOutperform

View More Analyst Ratings for AAPL
View the Latest Analyst Ratings

 

Related Articles (AAPL)

View Comments and Join the Discussion!

Posted-In: Apple Watch Apple Watch Series 3 Gene MunsterAnalyst Color News Events Analyst Ratings Tech Best of Benzinga

Latest Ratings

StockFirmActionPT
FATNoble Capital MarketsInitiates Coverage On
ZNGACowen & Co.Maintains10.5
RTXCowen & Co.Maintains71.0
ZNGAPiper SandlerMaintains11.0
WPiper SandlerMaintains225.0
View the Latest Analytics Ratings
Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Premarket Activity
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Fintech Focus
A daily collection of all things fintech, interesting developments and market updates.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at vipaccounts@benzinga.com