What Happened: The version, informally called iPhone 13, will for the first time feature such a high-end storage option as the current iPhone 12 models max out at 512 GB.
The iPhone13 devices are reportedly expected to launch in the fall of this year.
The future iPhones may also lack a physical power port, which may require changes to the recovery process of the device if it becomes unresponsive, reported Apple Insider.
Why It Matters: Wedbush is positive on iPhone sales through 2021 due to post-pandemic “reopening environment” as coronavirus vaccines continue to be rolled out globally, noted 9to5Mac.
The Wedbush analysts are also reportedly upbeat on iPhone 11 and 12 sales and estimate 62 million iPhone 11 units for the March quarter and 40 million for the June quarter.
Wedbush said last August that Apple has a “once in a decade” opportunity over the next 12-to-18 months given 350 million of the 950 million iPhones worldwide are in the “window of an upgrade opportunity.”
Price Action: Apple shares closed nearly 0.2% higher at $121.26 on Friday and gained 0.41% in the after-hours session.
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