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Fly News Breaks for September 13, 2017
Sep 13, 2017 | 07:40 EDT
Oppenheimer analyst Andrew Uerkwitz says the leaks in recent months substantially 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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