Apple to drastically cut royalties to Imagination Technologies, says UBS

Apple Likely to Slash Imagination Royalties, Then End Them Completely: Report

As it turns out, Apple had blow-out iPhone sales in its first fiscal quarter of 2017, selling 78,290 million units in the three months that ended January 31.

Meanwhile, in Kuo's second research note this morning, he alluded to Samsung's upcoming Galaxy Note 8 - expected to be unveiled later on this year - shipping with a dual-lens camera system that will actually trump the iPhone 7 Plus' in several respects, indicating specifically that the "Note 8's dual-camera will be much better than that of iPhone 7 Plus, and likely match that of OLED iPhone".

According to the Bloomberg report, the company is now testing new smartphones, not one, but there are two new smartphones, aside from the iPhone 8, set to arrive this year.

Apple, reportedly is testing features like a new screen type, a curved display, a stainless steel chassis, and improved cameras.

While Apple's upcoming iPhone 8 (or iPhone Edition) is expected to boast many advanced features, including wireless charging, a massive OLED display, IP68 dust- and water-proof certification and more, many of these advancements won't necessarily be new to the smartphone space; but rather, will merely be new to Apple. We can be sure that iPhone 8 will be fitted with an Infinity-like display, but Apple will try to make some changes to it so that it doesn't look exactly like what Samsung has to offer.

9000 migrants rescued in Mediterranean over weekend
Over Easter weekend, rescue ships plucked some 8,360 people from 55 different rubber dinghies and wooden boats off Libya's coast. Molinario noted that the numbers are constantly in flux and a week or two of poor weather could alter the year-on comparison.

Those anxiously awaiting the redesigned iPhone, however, may have to wait because upply constraints could mean the device isn't readily available until one or two months after the typical fall introduction. The reason why Samsung chose to place Galaxy S8's sensor on the rear side of the smartphone is because it wouldn't function properly when covered by the display. It may instead be subtler, running slightly over the edge and into the new steel frame. Apple has ordered around 100 million panels from Samsung, the people said. Including a bunch of fancy features like curved glass, OLED screens and iris sensors is going to jack the price of the phone up, and there's no way that Apple will take a hit on its historically fat profit margins.

Spokespeople for Apple and Samsung declined to comment.

The Cupertino giant is also planning to include OLED screen in the next iteration of iPhone.

He feels that Apple stock is now undervaluing a return to growth for the iPhone and an ever-growing subscriber base.

Apple is also going to ship the new iPhone models with its latest and software update - iOS 11.

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