Technology
How Oppenheimer Sees Upside for Coming Apple Product Event
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Apple Inc. (NASDAQ: AAPL) is preparing to hold a large press event in the coming week, which is anticipated for new product announcements. While one key analyst expects to see several “under the hood” improvements across devices, it is not expecting the same exuberance as last year when Apple shared final details of the Apple Watch.
Moreover, the firm worries investors will find the next several Apple media events underwhelming. In its most recent report, Oppenheimer made predictions of what it expects to see over the next two years. The firm expects excitement to return as it predicts 360 capture to be introduced for the iPhone, an OLED display, deeper Siri integrations, Apple’s first Internet of Things device for the home and a mobile VR headset.
The iPhone cameras best embody Apple’s ability to elevate off-the-shelf components with superior software engineering skills to differentiate themselves from competition. Oppenheimer believes a series of major overhauls are in line for the upcoming iPhones. It sees 360 video and depth sensing as the most likely new features.
Oppenheimer believes Apple will continue to push wider deployment of Siri. This year, the firm believes Apple will encourage third-party developers to link with Siri in more meaningful ways, as a counterattack to “OK Google” and Amazon Echo.
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