According to a new report published by KGI Securities analyst, Ming-Chi Kuo, the launch of 5.5-inch iPhone 6 may defer to 2015 due to production hitch at Apple. The smaller 4.7 inch version will set afloat over the larger 5.5-inch model before the year ends.
We have been observing quite a number of sources airing photos and videos of iPhone mockups on the rumored iPhone 6. Most of the shown cases and mockups appear to be professed and the lack of concreteness create further anxiety around. MacRumors have got hold of something firm, apparently we don’t know this will be helpful, or might just expand the horizon of whispers going around.
The supply chain sources at Apple assert it might be difficult for the giant to turn around large qualities of 5.5-inch iPhone into production. This is essentially due to rising cost of Sapphire as the display material. As stated by a report, the soaring cost of sapphire as one of the components required for production might be an obstacle in producing a scratch-resistant iPhone version.
Looking into the details of the report we observe that a sapphire display will cost around $280 which is a notable shoot up from $44 deployed for a 4-inch retina display in iPhone 5s. This extra expense of $236 will lead to a price escalation of an iPhone, eventually affecting the maximum retail price and heavily impacting the affordability point for the consumers.
Apple’s share prices closed at $600.96 Monday afternoon setting a new 52-week high for the company. Being a high in the March quarter, Apple announced an expanded capital reinvestment program.
The New York Stock Exchange, credit Carlos Delgado via Wikipedia.
When the markets closed at 4:00 Eastern, Apple was at $600.96. The company crossed the $600 threshold just minutes before the NASDAQ halted official trading for the day.
Apple shares closed above $600 for the first time since November of 2012, but are still off $100 from their all-time high reached in September of that same year. Apple’s shares were up more than $8 for the day to reach the mark. The company’s market capitalization is now at $517.65 billion.