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Technology Stocks : Apple Inc.
AAPL 150.10-1.2%10:55 AM EDTNews

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From: Moonray9/13/2017 4:09:59 PM
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Apple most unexpected feature was custom-designed GPU

Oppenheimer analyst Andrew Uerkwitz says the leaks in recent months sub-
stantially reduced the excitement over Apple's newly announced products.

The analyst notes that most of iPhone X's features were widely reported before,
and the most unexpected feature was Apple's custom-designed GPU.

While the company proves again that it stands on the bleeding edge of mobile
processor design, smartphone AR, and image capturing, Uerkwitz believes
new iPhones are unlikely to fundamentally change the current competitive
dynamics of the smartphone market.

He reiterates a Perform rating on the shares.

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