Weekly Highlights: iPhone 6 Factory, Sony's Project Morpheus And More
Sony (NYSE: SNE) made waves after it confirmed reports that it is developing a virtual reality headset for PlayStation 4.
Better still, it seems that the iPhone 6 might have inspired the construction of an entirely new factory.
Electronic Arts (NASDAQ: EA) could have a huge hit on its hands with Titanfall.
Twitter (NYSE: TWTR) volume for Divergent has been lower than the Twitter volume for The Hunger Games before it was released.
Last but not least, there are -- you guessed it -- more Apple rumors! Click through the slideshow to see them all.
Disclosure: At the time of this writing, Louis Bedigian had no position in the equities mentioned in this slideshow.
© 2017 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
iPhone 6 Production Is So Important, It Requires A New Factory
It seems that the current Apple supply chain cannot handle the demands of the mysterious iPhone 6.
Pegatron, one of Apple's biggest suppliers, is reportedly building a new factory to build the iPhone 6.
Production is expected to begin in the second quarter -- just in time for a third our fourth quarter release.Image Source: Wikimedia Commons
Sony Made Waves With New VR Headset For PlayStation 4
Sony threw its hat into the VR development pool this week when it unveiled Project Morpheus.
The promising prototype features a panel resolution of 1920×1080 (960×1080 per eye), 3D audio, an accelerometer and a gyroscope.
Jefferies analyst Atul Goyal told Benzinga that he thinks it is an "interesting product," while game critics who have used the device seem to be generally impressed.Image Source: Wikimedia Commons
Smartphone Demand Proves To Be Better Than Expected
Pundits frequently claim that smartphone demand will begin to dry up any year now.
Now that virtually everyone owns a smartphone (or at the very least a cellular device of some kind), how many more could possibly be sold?
There is still room to grow, however, ad evidenced by a new report by Morgan Stanley.
Researchers found that both Apple and Samsung are benefiting form this better-than-expected demand.Image Source: Wikimedia Commons
Massive 'Titanfall' Sales May Have Caused Xbox 360 Game Delay
What could be better than a game that performs well at retail?
Could it be a scenario in which a game that performs so well it requires another version to be postponed?
Sterne Agee analyst Arvind Bhatia believes that Titanfall has been performing so well on Xbox One and PC that Electronic Arts was forced to delay the Xbox 360 edition again.
In other words, EA may not be able to keep up with the demand for its critically acclaimed first-person shooter.Image Source: Wikimedia Commons
'Divergent' Fell Behind 'The Hunger Games' On Twitter
Twitter volume for Divergent is not nearly as high as some might have expected.
"The Twitter (NYSE: TWTR) volume for Divergent going into this opening week is running about 20 to 25 percent of what The Hunger Games had," Chris Camillo, author of Laughing at Wall Street, told Benzinga.
Put another way, Divergent has 75 to 80 percent less Twitter volume than The Hunger Games.Image Source: Wikimedia Commons
HP, Dell See Light At The End Of The Tunnel
Apple Introduced A Cheaper iPhone 5C, Discontinued iPad 2
The iPad 2 is no more.
Consumers who want a cheaper iPad will have to settle for the brighter and more powerful fourth-generation iPad, which happens to feature a Retina Display.
At the same time, Apple also released a new version of the iPhone 5C in select markets.
This version comes with 8GB storage (versus 16GB standard) and retails for roughly $70 less than the original.
Though it may seem that Apple launched a cheaper version to improve lackluster sales, Pacific Crest Securities analyst Andy Hargreaves does not think that's the case.
"I don't think it's necessarily an indication that the iPhone 5C has been selling bad," he told Benzinga.
"We know that [and] they know that, relative to their expectations, it has been pretty inline with what typical mid-range iPhones sell. It just didn't sell more."Image Source: Wikimedia Commons
Want A Large iPhone? How About Two?
ISI Group thinks that Apple will add not one but two new iPhones to its lineup this fall.
One will kick things up a notch and offer a 4.7 inch display. The other will be a mammoth phablet with a 5.5 inch display.
ISI's Brian Marshall believes that this will increase the current upgrade rate from nine percent to 12 - 14 percent in the second half of the year.Image Source: Wikimedia Commons
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