Can Super-Thin iPhone Save Apple?

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By Douglas A. McIntyre Updated Published
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Can Super-Thin iPhone Save Apple?

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24/7 Insights

  • Rumor has it that Apple will introduce a super-thin iPhone.
  • The question for investors is when, and will it help the stock?

There are always many rumors before Apple Inc.’s (NASDAQ: AAPL | AAPL Price Prediction) major product releases. Next up is the new iPhone, which will probably hit the market in September. This year, among the most significant investor concerns, is that the iPhone’s features will not be a significant enough evolution from the iPhone 15 and sales will be slow. However, Apple may introduce a product that excites both consumers and investors. Rumor has it that it will offer a super-thin iPhone. Maybe Apple’s push into AI will help the stock.

The question is which rumor to believe about what has been dubbed the “iPhone slim.” It may not hit the market until 2025, so the September iPhone launch could still be disappointing.

The “facts” about the new iPhone have appeared in several tech media, which include the carefully followed The Information and 9to5Mac. The Information says that Apple is “testing” the product. These reports say that one version of the next-generation iPhone will have a faster processor than its predecessors, a better camera, a 6.5-inch screen, and a thickness of only 0.45 inches. It is hard to say whether a camera can be made that thin.

Apple needs real help. What was once a powerhouse of investing has a stock down 2% this year, while the S&P 500 is 11% higher. Other mega-cap tech stocks have done much better. For example, Alphabet Inc. (NASDAQ: GOOGL) shares have been up 26% in the year to date.

The problem with rumors is that they are rumors. Apple still has to deliver in September. If it doesn’t, shareholders will have a long, hard winter.

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About the Author Douglas A. McIntyre →

Douglas A. McIntyre is the co-founder, chief executive officer and editor in chief of 24/7 Wall St. and 24/7 Tempo. He has held these jobs since 2006.

McIntyre has written thousands of articles for 24/7 Wall St. He is an expert on corporate finance, the automotive industry, media companies and international finance. He has edited articles on national demographics, sports, personal income and travel.

His work has been quoted or mentioned in The New York Times, The Wall Street Journal, Los Angeles Times, The Washington Post, NBC News, Time, The New Yorker, HuffPost USA Today, Business Insider, Yahoo, AOL, MarketWatch, The Atlantic, Bloomberg, New York Post, Chicago Tribune, Forbes, The Guardian and many other major publications. McIntyre has been a guest on CNBC, the BBC and television and radio stations across the country.

A magna cum laude graduate of Harvard College, McIntyre also was president of The Harvard Advocate. Founded in 1866, the Advocate is the oldest college publication in the United States.

TheStreet.com, Comps.com and Edgar Online are some of the public companies for which McIntyre served on the board of directors. He was a Vicinity Corporation board member when the company was sold to Microsoft in 2002. He served on the audit committees of some of these companies.

McIntyre has been the CEO of FutureSource, a provider of trading terminals and news to commodities and futures traders. He was president of Switchboard, the online phone directory company. He served as chairman and CEO of On2 Technologies, the video compression company that provided video compression software for Adobe’s Flash. Google bought On2 in 2009.

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