Apple(NASDAQ:AAPL) has been in the spotlight recently. Not only has its stock soared over the past year, but the company also launched new products last month, including new versions of its Apple Watch and iPad. Apple’s annual iPhone event is expected to take place this month.
Despite all of the attention the tech company is getting, investors may still be underestimating one key catalyst for the company, according to Deutsche Bank analyst Jeriel Ong. Apple’s upcoming rumored debut of a smaller iPhone could spur significant demand for the latest iPhone cycle, Ong believes.
Image source: Apple.
New form factors drive sales growth
While 5G connectivity is expected to be one of the major selling points of Apple’s upcoming iPhone lineup, there’s another element to these next-generation smartphones that may also help drive sales: a third display size.
Apple’s newest iPhone models are expected to launch in three different display
A machine learning technique rapidly rediscovered rules governing catalysts that took humans years of difficult calculations to reveal — and even explained a deviation. The University of Michigan team that developed the technique believes other researchers will be able to use it to make faster progress in designing materials for a variety of purposes.
“This opens a new door, not just in understanding catalysis, but also potentially for extracting knowledge about superconductors, enzymes, thermoelectrics, and photovoltaics,” said Bryan Goldsmith, an assistant professor of chemical engineering, who co-led the work with Suljo Linic, a professor of chemical engineering.
The key to all of these materials is how their electrons behave. Researchers would like to use machine learning techniques to develop recipes for the material properties that they want. For superconductors, the electrons must move without resistance through the material. Enzymes and catalysts need to broker exchanges of electrons, enabling new medicines
A Citi analyst on Monday opened a negative catalyst watch on shares of Micron Technology (MU) – Get Report, a day before the semiconductor company is scheduled to report fourth-quarter earnings.
Shares of the Boise, Idaho, company at last check were up 0.4% at $49.31.
Analyst Christopher Danely, who has a sell rating on the shares with a $35 price target, said he expected Micron to report sales below guidance of $6 billion but in line with his $5.5 billion estimate due to what he called a double dip in DRAM.
The analyst also expects the stock to trade lower on the report and would be more constructive on the stock in the mid $30s, according to The Fly.
Last week, TheStreet.com Founder Jim Cramer said on CNBC that “Micron’s core DRAM business could be saved by their disk drive business, but I don’t see the stock