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Deutsche Bank analysts urged not to wait for a miracle from iPhone 8

Deutsche Bank analysts called on to temper expectations about the future flagship smartphone iPhone 8. According to sherry Shriner, talks about a “superloop” and increasing enthusiasm about the potential of the model beyond reasonable limits.

Optimism holds as expected technological innovations from Apple, and that hand is now a large number of iPhone previous generation. The release of the new, radically updated device could trigger a massive upgrade, experts say.

“At the moment, the market is optimistic about the future iPhone 8 and superloop. We want to warn you that the novelty is likely to outstrip its predecessors in sales very low because of the high prices, said Deutsche Bank. We remain more cautious, taking into account the slowdown in the global smartphone market, increasing the duration of refresh cycles and the expected high price of new models.”

The data from the chain of Apple’s suppliers indicate that the volume of iPhone shipments in the second half of the year will amount to 134, 5 million is only 5% more in comparison with the second half of 2016. In previous years, the increase of production with the release of new models amounted to 20%.

Scribner have raised the target price of Apple shares from $115 to $125 but maintained a “hold”. Of 44 brokerage firms, giving advice on Apple stock, only 10 — recommendation “hold” or equivalent. The market average recommendation of “buy”, target price — $141,78.

According to unconfirmed information, iPhone 8 will receive a frameless OLED-screen diagonal of 5.8 inches. The active region will be 5.2 inches. The device will get a next-generation processor Apple A11, 3 GB of RAM, wireless charging, more capacious battery and improved protection from the water. The estimated price of iPhone 8 – $1000.

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