The rumoured 6.1-inch iPhone 2018 spec sheet is completely underwhelming

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Apple usually keeps the current iPhone as an option, but reduces the price by around £100, but that's not expected to be the case this year, according to usually-reliable analyst Ming-Chi kuo.

Apple (NASDAQ:AAPL) last released its quarterly earnings results on Thursday, November 2nd. Apple had high hopes for the technology when it was first introduced on the iPhone 6s and iPhone 6s Plus but it has seemingly faded into the background, especially with app developers. Presumably, a next-gen version of the current 5.8-inch iPhone X will be released alongside the aforementioned 6.5-inch model, which will likely be positioned as an iPhone X Plus. And having a big, relatively affordable iPhone with an edge-to-edge screen could be a huge help for Apple in China, where the company is facing intense pressure from homegrown rivals that have proven themselves capable of building high-powered smartphones with budget price tags.

The upcoming iPhone is expected to sell for less than the $1,000 price seen on last year's iPhone X. Since the price will be cheaper, the iPhone will include an aluminum frame, a single-lens camera and not have 3D Touch, Kuo said.

This prediction adds to a list previous statements given by Kuo regarding Apple's next move in the industry. The device eliminates the home button and Touch ID in favor of front sensors that support facial recognition for security.

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First of all, a study over at ZDNet discovered that the iPhone X battery doesn't last almost as long as consumer had been led to believe. Rosenblatt Securities reiterated a "buy" rating and issued a $180.00 target price on shares of Apple in a research note on Friday.

Other recent iPhone models also performed well in the final quarter, according to CIRP.

The tech giant sold 29 million iPhone units in the fourth quarter, including 7 million in the U.S., Canalys said in a statement on Tuesday. "In terms of company financials, bigger-screened iPhones are also more expensive contributing to higher iPhone ASP and revenue". The company also projected Q1 2018 revenues of $84 billion to $87 billion. Mizuho restated a "neutral" rating and set a $175.00 price objective (up previously from $160.00) on shares of Apple in a report on Friday.

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