According to Cowen & Co., Apple for the first time is introducing OLED display in Apple iPhone 8 model. This will result in raising the gross margins with the power of $50 million expense. It is also expected that margins are expected to remain constant at 39% for March quarter as well. The reason behind this is OLED display. Although it should be higher because the prices of components fall over time.
According to the rumors, iPhone 8 will be featured with 5.8 inch OLED display that will be curved from all the sides. It is also rumor that Apple’s iPhone 8 will consist of features such as proximity, light, finger print scanner and other sensors.
Also Read >>> Download Soccer Manager Arena for PC Windows & Mac
The analyst also expects that Apple shipment will increase to 76 million units. Analyst also expects rise in revenue and profit. Let’s see to what extent Cowen & Co. is right about their analysis. Apple is going to announce its quarterly results at 2pm PT/5 pm ET today.