On Sunday, Ming-Chi Kuo, a well-known Apple analyst, addressed market speculation regarding Apple Inc.’s (NASDAQ:AAPL) upcoming foldable iPhone.

Ming-Chi Kuo Reiterates Side-Button Touch ID Prediction

Kuo had previously predicted that the device would feature a side-button Touch ID. However, recent rumors suggest the adoption of an under-display ultrasonic fingerprint sensor. Kuo expressed skepticism about this change, maintaining his stance on the side-button Touch ID. He also mentioned that Luxshare ICT is expected to supply the side-button Touch ID module for the device.

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Analyst Comments Fuel Market Expectations On The iPhone

These comments come amid growing anticipation for Apple’s foldable iPhone, which is expected to incorporate advanced features. Kuo’s insights often influence market expectations, given his track record in predicting Apple’s product developments.

Foldable Might Use Samsung Technology

Benzinga’s Edge Stock Rankings indicate that Apple stock has a Value in the 9th percentile and Growth in the 29th percentile. Here is how the stock fares on other parameters.

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This story was generated using Benzinga Neuro and edited by Shivdeep Dhaliwal