Analyst: Apple Inc. (AAPL) Likely to Roll Out Facial Recognition

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AAPL – TF International Securities analyst Ming-Chi Kuo has shared a slew of predictions on what to expect from the tech giant this year.

According to TF International Securities analyst Ming-Chi Kuo, Apple Inc. (NASDAQ:AAPL) has a slew of exciting offerings slated to be unveiled later this year. Among the things he’s expecting to be unveiled is facial recognition technology for iPad.  

CNBC shares the analyst’s predictions on Apple’s future offerings.

Apple could roll out face recognition for iPad, bigger smart watches and a long-awaited update for the Mac mini later this year, top Apple analyst Ming-Chi Kuo predicts according to the tech news site 9to5 Mac.

Apple’s upcoming offerings could also include new versions of the iPhone and other Mac models like the iMac and MacBook. Kuo also said new AirPods and the AirPower wireless charger will go into mass production, according to the note 9to5 Mac obtained. The TF International Securities analyst is usually spot on with Apple product predictions, and the company is expected to give its product catalog the reboot in the fall.

Kuo is also in the camp of those that believe a trio of new iPhones are in the pipeline, two of which would come with high-end OLED screens. Among his many other predictions are larger screens for Apple Watch, and a new, cheaper notebook.

The analyst is typically on point with his Apple predictions, but we’ll have to wait and see if the same applies this time around.

Apple Inc. shares were trading at $187.88 per share on Wednesday afternoon, down $2.47 (-1.30%). Year-to-date, AAPL has gained 11.90%, versus a 4.63% rise in the benchmark S&P 500 index during the same period.

AAPL currently has a POWR Rating of A (Strong Buy), and is ranked #1 of 28 stocks in the Technology – Hardware category.

AAPL at a Glance

AAPL Current POWR Rating™
Overall POWR Rating™
AAPL Current Price $191.27 1.34%
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AAPL Price Reaction

The day of this event (Jul. 11, 2018)
AAPL Closing Price$185.78 1.30%
AAPL Volume19,044,712
37.05% from avg
Leading up to this event
AAPL 1-mo return0.46%
After this event
AAPL 1-day return0.36%
AAPL 3-day return0.29%
AAPL 5-day return0.03%

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