Has Apple enlisted LG for foldable iPhone display?

This is the very pretty very expensive iPhone

This is the very pretty very expensive iPhone

The screen remains the same, the shape the same, the band connector the same - it's impressive that Apple has managed to lump in so much tech without increasing the thickness from the Apple Watch 2, but some design upgrades would have made this feel like more than just a slight evolution. The firm owned 8,430 shares of the iPhone maker's stock after purchasing an additional 2,610 shares during the period. Apple comprises about 4.4% of Baldwin Brothers Inc. Following the transaction, the director now directly owns 1,168,283 shares in the company, valued at approximately $179,775,388.04. TrimTabs Asset Management LLC now owns 921 shares of the iPhone maker's stock valued at $132,000 after buying an additional 432 shares during the last quarter.

The report adds that Apple could be launching its foldable smartphone by 2020.

Moon Capital Management LLC lifted its stake in Apple Inc. (NASDAQ AAPL) traded up 0.577% during mid-day trading on Wednesday, reaching $156.799. The company had a trading volume of 9,510,268 shares.

As well as the display, Samsung reportedly provided the NAND flash and DRAM components for the device. The firm has a market capitalization of $136.46 billion, a P/E ratio of 17.758 and a beta of 1.27.

Apple (NASDAQ:AAPL) last released its quarterly earnings results on Tuesday, August 1st. The iPhone maker reported $2.10 EPS for the quarter, topping analysts' consensus estimates of $2.02 by $0.08. Apple had a net margin of 20.87% and a return on equity of 35.40%. Apple's revenue for the quarter was up 7.2% on a year-over-year basis. Equities research analysts forecast that Apple Inc. will post $9.01 EPS for the current year.

COPYRIGHT VIOLATION WARNING: "Somerset Trust Co Has $4.77 Million Holdings in Apple Inc". MA Sells 5,120 Shares of Apple Inc. "(AAPL)" was posted by StockNewsTimes and is the property of of StockNewsTimes. If you are reading this news story on another website, it was copied illegally and republished in violation of U.S. and international trademark & copyright legislation. Needham & Company LLC reissued a top pick rating and issued a $150.00 target price on shares of Apple in a research note on Tuesday, January 24th. The stock was sold at an average price of $147.98, for a total transaction of $11,098,500.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, SVP Johny Srouji sold 10,469 shares of the company's stock in a transaction on Wednesday, August 16th. The disclosure for this sale can be found here. In the last quarter, insiders have sold 541,177 shares of company stock valued at $85,864,804.

A number of other equities research analysts have also recently commented on AAPL.

Longbow Research reaffirmed their buy rating on shares of Apple Inc. Nine investment analysts have rated the stock with a hold rating and forty-five have issued a buy rating to the company's stock. The company has a 50 day moving average of $157.91 and a 200-day moving average of $151.39.

Apple Inc (Apple) designs, manufactures and markets mobile communication and media devices, personal computers, and portable digital music players, and a variety of related software, services, peripherals, networking solutions, and third-party digital content and applications.

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