Apple Gets Fresh Buy Rating On iPhone X Buzz, Watch Prospects

Apple Gets Fresh Buy Rating On iPhone X Buzz, Watch Prospects

Apple Gets Fresh Buy Rating On iPhone X Buzz, Watch Prospects

The report claims that Apple "quietly told suppliers they could reduce the accuracy of the [iPhone X] face-recognition technology to make it easier to manufacture".

At the iPhone X presentation, Apple said the possibility of a random person unlocking Face ID was 1 in a 1,000,000, and this still remains, as accuracy and quality remains the same. Recently, the KGI Securities analyst Ming-Chi Kuo predicted that Apple would only ship between two and three million iPhone X units before launch. The standout feature of the iPhone X, Face ID uses a series of sensors to detect and analyze people's faces. The iPhone X has ditched the home button and adopted "an organic light-emitting diode display".

Brokerage firm HSBC initiated coverage of Apple ( AAPL ) stock on Wednesday with a buy rating, saying Apple's large base of loyal iPhone users "can't wait" to get their hands on the upcoming iPhone X. Consumers may be holding out, but if they want to get their hands on the iPhone X, it may just be hard. And while Apple has endured delays and supply constraints in the past, those typically have been restricted to certain iPhone colors or less important offerings such as the Apple Watch.

Dot projector production problems could create a production bottleneck that would limit supply. The latest, by the brokerage firm Bernstein, states that while half (48%) of those questioned are excited by the launch of the new phone, only one quarter of iPhone owners (in the U.S., the United Kingdom and China) plan to order the new model soon.

Face ID is the marquee new feature on the iPhone X.

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David and Tom just revealed what they believe are the 10 best stocks for investors to buy right now. and Apple wasn't one of them! Even if it's half as secure as the company says it is, that still only leaves a one in 500,000 chance that a stranger could unlock a user's iPhone X - and that's still ten times more secure than the company's previous Touch ID technology, which it stated was susceptible to unintentional unlocks from around one in 50,000 users.

Dot projector yield rates were supposedly as low as 20% not long ago, and manufacturers have slowed down production rates in order to assemble the modules more accurately.

Suppliers were taken by surprised at the complexity of making the components, according to the report, and weren't given extra time to ramp up production.

The tenth-anniversary phone is expected to generate much of the company's revenue going forward, thanks to its high price tag-and with the company reportedly seeing lackluster sales of the just-launched iPhone 8, the sources said that Apple can't afford to not meet demand during the busy holiday season.

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