Does This New Apple iPhone Rumor Add Up?
Numerous reports have suggested that Apple is working on sapphire cover glass for its iPhone, with some rumors optimistic that consumers could see it as early as the iPhone 6, allegedly slated for release later this year. Corning could potentially lose out if Apple switched to sapphire, while GT Advanced Technologies stands to gain. In fact, Apple probably plays a large role in GT Advanced's optimistic guidance for 2014.
An Apple patent application originally filed in 2012 that was just made public detailed sapphire displays, and now a new report suggests that Foxconn has already begun trial production of a sapphire iPhone, which would be about 100 units. In this video from Monday's Tech Teardown, Motley Fool tech and telecom bureau chief Evan Niu makes his guess for when this might make its appearance, who the winners and losers would be from a sapphire-screened iPhone, and why there have been no rumors thus far that competitors are trying to leap out ahead of Apple on this move.
Evan also tells investors what is known so far about just how close this product could be.
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The article Does This New Apple iPhone Rumor Add Up? originally appeared on Fool.com.Erin Kennedy and Evan Niu, CFA, both own shares of Apple. The Motley Fool recommends and owns shares of Apple, Corning, Google, and Netflix. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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