MacRumors

Bloomberg today has published a detailed report about what it expects from the tentatively named iPhone 8.

The report, citing people familiar with the matter, claims Apple's latest prototype features a stainless steel frame sandwiched between symmetrical glass on the front and the back. That design, one of several that Apple has tested, would be similar conceptually to the iPhone 4 launched in 2010.

The overhauled iPhone will also adopt an OLED display that covers almost the entire front of the device, according to the report. The display itself will be flat, while the cover glass curves into the stainless steel frame along the edges. The cover glass will have similar 2.5D curvature as the iPhone 7.

The report backs rumors of Apple testing at least one high-end iPhone prototype with a rear dual-lens camera positioned vertically, instead of horizontally like on iPhone 7 Plus. Apple is also said to be testing dual lenses for a revamped front camera, compared to a single lens on current iPhones.

Apple has experimented with integrating the iPhone's fingerprint scanner into the screen, as previously known. The report said it's a technical challenge, so it's unclear if the feature will make it into the final product. Earlier research said Apple is facing yield issues with the under-display solution.

Apple also tested a prototype with a glass back that had more dramatic curves on the top and bottom like the original iPhone from 2007, perhaps alluding to a previous water drop design rumor, but the report says Apple is more likely to ship the version with more subdued curves due to mass production considerations.

Bloomberg believes that supply constraints could mean the high-end iPhone isn't readily available until one or two months after Apple's typical September event, where it is also expected to announce updated 4.7-inch and 5.5-inch iPhone models. All three new iPhones will run iOS 11 and could have faster Apple A11 chips.

Today's report corroborates several "iPhone 8" design rumors that have surfaced in recent months, while the existence of multiple prototypes explains why some rumors have been conflicting so far.

Apple's new range of iMacs will launch in the second half of 2017 and will include a "server-grade" model to cater for the high end creative professional market, according to Taiwan-based supply chain sources.

Apple has already confirmed it is working on new iMac models for release later this year, but today's report offers another hint at what could be in store for creative pros and puts a more specific timeframe on those plans. According to the report, production of two new iMacs is said to begin next month, with a view to launching the consumer desktops between July and September and a "server-grade model" at the tail end of 2017.

Apple currently has a 21.5-inch and a 27-inch iMac available in the market and the new products are expected to be the upgrades of the two models and are expected to hit the market in the third quarter to catch up with the year-end holiday season.

The report comes from DigiTimes, which has a mixed track record when it comes to rumors, but with Apple already having taken the unusual step of confirming it is working on new iMac models for a late 2017 release, this latest information presents a reasonable timeline.

In addition, the technical details from the supply chain line up with previously leaked specs for Apple's upcoming upgrades. According to Tuesday's report, the high end iMac will feature Intel's as-yet-unreleased Xeon E3-1285 v6 processor, options for 16 to 64GB error-correcting ECC RAM, up to 2TB NVM Express PCI-e solid-state storage, and more ambiguously, a "latest discrete graphics card".

Typically, iMacs include a mobile-class GPU rather than a desktop-class card, so this last spec could refer to either, while AMD has a contract with Apple to supply the discrete graphics chips for future high-end 27-inch iMacs. The new iMacs for 2017 are said to be manufactured by Quanta Computer, which is expected to remain the largest all-in-one PC maker in 2017.

The earlier report detailing identical tech specs claimed Apple's new iMacs would be accompanied by a brand new keyboard. A previous report said Apple was exploring a standalone keyboard with a Touch Bar and Touch ID, but its release is said to depend on how well those features have been received on the latest MacBook Pro.

The original source of the iMac tech specs, Pike's Universum, also claimed Apple is working on an 8K external display, which would presumably feature as part of the company's highest end iMac offering. All iMacs are expected to ship with USB-C ports and Thunderbolt 3 connectivity.

RBC Capital Markets raised its AAPL price target to $157 today, up from $155, as it believes iPhone sales were stable to modestly better than expected in Apple's second quarter, which ended on March 31.

The investment bank's lead Apple analyst Amit Daryanani said the company's iPhone mix continues to remain positive, with "more" Plus-sized models sold in the quarter than it previously forecasted. iPhone 7 Plus models carry a $120 premium over iPhone 7 models, contributing to a higher average selling price.

RBC now estimates Apple will report quarterly revenue of $53.5 billion, matching the high end of the company's guidance. Apple is scheduled to report its second quarter earnings results on May 2 at 1:30 p.m. Pacific Time. MacRumors.com will provide live coverage of Apple's conference call at 2:00 p.m. Pacific Time.

The bank said it remains positive about AAPL based on so-called "iPhone 8" refresh cycle tailwinds, benefits from a possible capital allocation increase, the acceleration of its growing Services category, and potential upside from U.S. Donald Trump's political agenda in relation to taxes and cash repatriation.

Apple's stock price has been rising steadily since November, as rumors suggest the company will launch its first iPhone with an OLED display and slim bezels, potentially mirroring the design of Samsung's new Galaxy S8. Many analysts have maintained a "buy" or equivalent rating on AAPL since March or earlier.

Last week, RBC Capital Markets generated headlines when it outlined the potential benefits of a completely speculative Disney acquisition.

In a lengthy research note, the bank said such a deal would create a "tech and media juggernaut like no other" and instantly expand Apple's services, content, and media portfolio. Assets such as ABC and ESPN, for example, could lay the foundation for Apple's long rumored but elusive streaming TV service.

An excerpt from Daryanani's research note obtained by MacRumors:

Together, Apple and Disney would instantly have access to global distribution via Apple's installed base and the global iTunes store, and a massive library of content and studio capacity via Disney to make future movies and shows. A digital content service could be put together in relatively short order. Apple has the advantage of integrating its price to consumers with its hardware. For example, buy a new iPhone and receive a 12-month subscription to the streaming service for free.

Daryanani said the so-called "mega deal" would diversify Apple away from hardware and help the iPhone maker fulfill its goal of doubling its Services category by 2020. He also thinks it would be an appropriate use of Apple's massive cash hoard, should the U.S. ever offer a cash repatriation holiday.

A prerequisite to Apple-Disney is a regulatory environment that would allow Apple to use its huge amount of cash assets for a domestic acquisition. If a cash repatriation tax holiday results in a 9% tax on offshore cash brought to the United States, we estimate that Apple would effectively have access to cash of $223 billion. After adjusting for operational requirements, Apple should have $200 billion cash available for discretionary uses.

Daryanani said there is a "greater than 0%" chance that Apple acquires Disney, but he admitted that the odds are low at this point.

Jim Cramer, host of CNBC's "Mad Money" show, believes the Apple-Disney speculation was more about influencing the stock market than anything else.

"The only thing that's really accomplished by this kind of speculation? The short-sellers will be afraid to bet against Disney's stock because of newfound fears of a takeover lurking. It really does put a bid underneath, simply because it was just too juicy to ignore," Cramer concluded.

AAPL closed at $141.83 on Monday. The Walt Disney Company closed at $113.78.

Note: Due to the political nature of the discussion regarding this topic, the discussion thread is located in our Politics, Religion, Social Issues forum. All forum members and site visitors are welcome to read and follow the thread, but posting is limited to forum members with at least 100 posts.

Apple's widely rumored iPhone with an OLED display will feature a polished stainless steel enclosure sandwiched between front and back glass, says Japanese blog Mac Otakara. That's the same iPhone 4-like design that reliable Apple analyst Ming-Chi Kuo of KGI Securities has expected since last year.

The blog claims the so-called "iPhone Edition" will use an improved version of the Apple Watch's stainless steel enclosure. It also says the smartphone, more commonly dubbed "iPhone 8" for now, will have a conventionally flat OLED display with 2.5D cover glass along the edges, as rumored previously.

As seen in a few renders over the past few weeks, the report claims the "iPhone Edition" will be equipped with a vertically-aligned iSight Duo camera on the rear for VR shooting purposes. Accordingly, when the iPhone is used in a VR headset, the cameras would be positioned horizontally as is customary.

Meanwhile, the tentatively named iPhone 7s and iPhone 7s Plus are expected to be slightly thicker than the current iPhone 7 and iPhone 7 Plus, meaning that some existing cases and accessories might not fit the newer models. From a cosmetic standpoint, however, those smartphones are expected to look similar.

Apple today seeded the third beta of an upcoming iOS 10.3.2 update to developers, one week after seeding the second iOS 10.3.2 beta and three weeks after introducing iOS 10.3, which included features like a new Find My AirPods feature and Apple File System. Apple has also released a minor iOS 10.3.1 update, which focused on security improvements.

Registered developers can download the third iOS 10.3.2 beta from the Apple Developer Center or over-the-air with the proper configuration profile installed.

Apple doesn't typically provide detailed release notes for its iOS updates, so we don't yet know what features, improvements, or bug fixes might be coming in iOS 10.3.2, aside from some fixes for SiriKit car commands, outlined in the release notes for the first beta.

As a minor 10.x.x update, we can expect iOS 10.3.2 to offer bug fixes and performance improvements rather than outward-facing features. No notable features were found in the first two betas, but if anything new is found in the third iOS 10.3.2 beta, we'll update this post.

Update: Beta 3 is also available for members of Apple's public beta testing program.

Apple today seeded the third beta of an upcoming macOS Sierra 10.12.5 update to developers, one week after seeding the second beta and three weeks after releasing macOS Sierra 10.12.4, which introduced Night Shift for the Mac.

The third beta of macOS Sierra 10.12.5 can be downloaded through the Apple Developer Center or through the Software Update mechanism in the Mac App Store.

According to the release notes accompanying the beta, the update "improves the stability, compatibility, and security of your Mac."

Apple's release notes don't often provide a lot of insight into what's included in new beta software, so we don't know what features or bug fixes might be included in the 10.12.5 update.

No notable changes or major bug fixes were discovered in the first two betas, but should anything pop up in the third macOS Sierra 10.12.5 beta, we'll update this post.

Update: Beta 3 is also out for public beta testers.

Apple may be forced to eliminate Touch ID from the tentatively named "iPhone 8" altogether if it cannot resolve issues with integrating the fingerprint sensor underneath the smartphone's display within the next month or so, according to Andy Hargreaves, equity research analyst at Pacific Crest Securities.

Hargreaves isn't the first analyst to think Apple could do away with Touch ID, but the move seems unlikely even as a last-ditch scenario. Touch ID is at the core of Apple Pay, and it appears much more likely that 3D facial or iris recognition would complement rather than replace fingerprint sensing.

A more likely option fielded by Hargreaves is that Apple could delay "iPhone 8" production until its under-display fingerprint sensor solution is ready.

An excerpt from his research note obtained by MacRumors:

Likely options for Apple include a delay of production or elimination of fingerprint sensing on the OLED iPhone. We believe Apple continues to work on solving its optical fingerprint issues. If it's able to solve the problems in the next month or so, it would likely place volume orders at that point. This would likely lead to a delay of the OLED iPhone launch, but we would not expect it to meaningfully affect volume for the cycle. If it's not able to fix the problems in that time frame, Apple may be forced to eliminate fingerprint sensing from the OLED iPhone altogether.

At this point, Hargreaves does not believe Apple's optical fingerprint module provider has received firm orders for production, which to him suggests that Apple does not have functionality of the optical fingerprint sensor ready. Additionally, he said Apple has evaluated and passed on Synaptics' optical fingerprint solution.

Last week, Cowen and Company analyst Timothy Arcuri said Apple is facing yield issues with its AuthenTec-based under-display fingerprint sensor solution. He too speculated that Apple could remove Touch ID, but he believes it's more likely that Apple will put Touch ID on the back of the iPhone or delay production.

If Touch ID were to be removed, Hargreaves said that would place significant pressure on unproven 3D sensing to replace the verification functionality that fingerprints currently provide. However, he said Apple's 3D sensing production appears on track, and could be a viable alternative to fingerprints.

Suppliers suggest that the solution is both fast and highly reliable, even in low-light scenarios or from odd angles. If this proves accurate, reliance solely on 3D sensing for biometric login and verification could be a viable and innovative replacement for the highly popular fingerprint sensor.

In February, KGI Securities analyst Ming-Chi Kuo said the "iPhone 8" will feature a "revolutionary" front-facing camera system with infrared for fully-featured 3D sensing capabilities. The advancements will enable the camera to determine the location and depth of objects placed in front of it.

Pacific Crest Securities maintains a $150 price target for AAPL with an overweight rating.

Apple Stores and Apple Authorized Service Providers now have the option of replacing a customer's broken fourth-generation iPad with an iPad Air 2, according to an internal memo distributed by Apple last week.

An excerpt of the memo obtained by MacRumors:

Starting March 30, iPad 4th generation whole unit repairs may be substituted to iPad Air 2 models. Apple's repair and order management tool will indicate for each repair if a substitution will take place. Please note the substitute part’s color and capacity to ensure the customer understands what their replacement iPad whole unit will be.

The fourth-generation iPad was released in November 2012, so when a customer needs a replacement model, it's likely easier now for Apple to just give them a newer and more widely available iPad Air 2 in most cases.

Not every broken fourth-generation iPad will be replaced with an iPad Air 2. The decision will ultimately be decided on a case-by-case basis, likely depending upon availability of each tablet in the affected customer's region.