iPhone X sales may not have been as stellar as Apple hoped they would be but the company's outlook is higher than ever.
Despite a fall in iPhone sales, the company posted its biggest quarterly profit of all time. With a $20.1 billion posting in the crucial final three months of 2017, Apple broke its own profit record set two years ago.
This means although Apple sold fewer iPhones in the three-month period, the higher price of the iPhone X meant revenues from selling iPhones increased.
Although we consider the iPhone X as the best iPhone experience your money can buy right now, this bit of news should give you pause. Credible rumors are already floating about this year's iPhones.
Read on and I'll tell you all the BIG rumors about the next-generation iPhone that are swirling around.
Three new iPhones for 2018
A report from respected Apple analyst Ming-Chi Kuo of KGI Securities revealed that three new iPhones are on tap for 2018, including two of Apple's biggest smartphones ever.
According to Kuo, one of the new phones Apple is working is a 6.5-inch iPhone with an OLED display. This suggests that this upcoming model will act as an "iPhone X Plus" and it will join the next generation 5.8-inch OLED iPhone X next year.
More notably, Kuo indicated that Apple will also unveil a third iPhone sporting a 6.1-inch LCD display and a lower price point than the OLED models.
Now, new leaks might have just revealed what the next iPhones will offer.
According to a new report from Mark Gurman, another reputable Apple leaker, the 6.5-inch iPhone X is codenamed internally as "D33."
With its massive screen, it will be the largest iPhone ever. Gurman's report also suggests that the new OLED screen will have a higher resolution of 2688 x 1242, making it at least as sharp as the current iPhone X.
Note: For perspective, the iPhone 8 has a 4.7-inch LCD display and the iPhone 8 Plus has a 5.5-inch LCD display.
In line with Kuo's reports, the larger model will also use Face ID for security and Apple Pay and is expected to have an upgraded A12 processor.
How about the regular-sized iPhone X? Gurman said that the smaller model, internally codenamed as D32, will also get a speed boost with the upgraded A12 processor.
Both premium OLED models will still use stainless steel edges and may come in a gold color option.
And instead of a dual-SIM card, Apple is considering using E-SIM technology, which will allow the phones to connect to multiple carriers without the need for a SIM card swap.
The cheaper iPhone is still on the books. Similar to the premium models, the entry-level iPhone will have an edge-to-edge screen and Face ID.
In line with Kuo's report, the third model will use an LCD panel to reach a lower price point. It will also use aluminum edges instead of stainless steel.
These concessions will allow Apple to keep this model within the $650 to $750 price range.
Another photo making the rounds is that of the alleged front panel of the upcoming 6.5-inch iPhone.
While this component may be an authentic Apple supply chain item, it is not confirmed so take it with a grain of salt. It does match the iPhone X's notch design and MacRumors noted that its connector matches Apple's part numbering scheme.
As usual, we still can't help but speculate about the future of iPhones.
With the introduction of a cheaper LCD model, does this mean that next year's OLED models will remain at a premium price of at least $1,000?
Will this then normalize this premium price tag across all flagship smartphone lines from all manufacturers? Reports are indicating that the bigger iPhone X "Plus" may reach the astronomical price tag of $1,400.
But with OLED displays hitting the mainstream, shouldn't their production costs trend further downward instead, resulting in better OLED prices next year?
Do you have any questions Kim can lend a hand to?
In other news, iTunes axed by some Apple products
CDs had a nice run, but they too had to give way to new technology like iTunes. Unfortunately, some Apple users will soon lose access to iTunes. Click here to find out which gadgets will soon be losing access to iTunes and if you're impacted.