New iPhone to be bigger and cheaper – says the biggest insider – Kuo

Apple Inc. is preparing to release a trio of new smartphones later this year. These are – the largest iPhone ever, an upgraded handset the same size as the current iPhone X and a less expensive model with some of the flagship phone’s key features.

KGI analyst Ming-Chi Kuo, who has an excellent track record when it comes to knowing where Apple is headed, sent out a note to investors claiming that Apple may be planning to release two variants of a 6.1-inch iPhone in 2018. One variant would come with dual SIM card compatibility. The other would only support a single SIM card. The single SIM variant is said to cost anywhere between $550 and $650. And the dual-SIM variant is said to cost $650 to $750, according to the note.

Apple, which is already running production tests with suppliers, is expected to announce the new phones this fall. The plans could still change, say the people, who requested anonymity to discuss internal planning.

It may cure the recent downfall Apple experienced.

Despite months of breathless hype, the iPhone X hasn’t sold as well as expected since its debut last year. Apple sold 77.3 million iPhones in the final quarter of 2017, below analysts’ projections of 80.2 million units. Some consumers were turned off by the iPhone X’s $1,000 price despite liking the design. On the other hand, they wanted something more cutting-edge than the cheaper iPhone 8. With its next lineup, Apple is seeking to rekindle sales by offering a model for everyone.

This would be a stunning breakthrough. The new model in question not only carries the same core design as the iPhone X but increases the screen size to 6.1-inches and features Face ID facial recognition. The 6.1-inch LCD model could account for 65 to 75 percent of total iPhone shipments for a year. The source also said the smaller version was originally going to be a 5.28-inch model but that the firm upped it to 5.85 inches because of growing consumer demand for bigger-screen phones.

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