Apple’s iPhone 14 event may come earlier than expected this year. The company is eyeing a date next month for its schedule. Amid the global inflation, stock market fluctuations, and demanding fiscal policies, the flagship iPhone is set to drop at the earliest on Wednesday, September 7.
According to records, iPhone sales constitute massive earnings for Apple in the last quarter. The tech giant posted sales of $83 billion, of which iPhone sales were more than half. Despite supply chain challenges and a global chip crunch, the company saw a significant increase of 3% in iPhone sales from last year’s records.
Like most people, you’ve probably been waiting for the Apple iPhone 14 to launch. It’s not just any phone—it’s an iPhone. And it’s not just any new iPhone—it’s the iPhone 14. So what do you need to know about this launch that influences not just AAPL stocks but also other stocks? We’ve got you covered.
iPhone 14 Release: When in September?
The iPhone 14 range release date has been rumored for a while, and we’ve heard everything from September 7 to September 20. But one thing that we do know is that most iPhone releases tend to happen in September except 2020 due to the coronavirus.
Lewis Painter of Tech Advisor feels September 13 would be right. He looked at previous release dates and how they lined up with Apple’s usual schedule of releasing new products in September. Bloomberg’s Mark Gurman claims Apple will release it earlier than usual so that it could be September 7.
Regardless of the launch date, wide availability of the products may not be possible. According to Nikkei Asia, the development of the iPhone 14 schedule has fallen behind, suffering disruptions from the month-long China lockdowns. So, as with the 2020 launch, there could be limited stocks of some of the versions of the iPhone 14.
What to Expect From iPhone 14 Range
While there are no official features about the iPhone 14, rumors have it that the flagship is nearly identical to iPhone 13. But the extent to which it is isn’t exactly confirmed. Still, it rings true that Apple may do away with the mini-series, swapping it for a 6.7-inch iPhone max, considering the poor sales.
Apple is rumored to introduce the iPhone 14 range in four new models: a standard iPhone 14 model, an iPhone 14 Pro, an iPhone 14 Pro Max (which has a larger screen than any previous iPhone), and a newly designed big-screened iPhone 14. The difference between the standard and pro should be in designs, processors, and cameras.
Furthermore, several tech websites report that the flagship could come in an impressive array of colors. Some put these colors at four: Graphite, Gold, Silver, and Purple. Some feel the colors could be six: Green, Purple, Blue, Black, White, and Red. Some analysts peg the colors at eight, not six or four.
Finally, the iPhone 14 would significantly upgrade the iPhone 13 regarding processor changes and camera updates. According to Apple analyst Min-Chi Kuo, Apple could move to a 48MP wide camera on the iPhone 14 Pro with a more significant processor than a 12MP primary sensor on the iPhone 13.
Other Launches During iPhone 14 Release
Apple has a lot of launches on the horizon, and users can’t wait to see what they have in store aside from the iPhone 14 range.
First up is the Series 8 watches, which look to be an update on the current Series 7. This will be followed by the new Apple operating systems for all devices. Apple’s low-end iPad will also see an update, with a lighter design and improved camera quality. Finally, Apple is expected to launch new Macs to cap off the event.
How Apple Stocks React to Product Releases
The stock market is a curious phenomenon. However, it is not immune to hype and expectations. Apple (AAPL) has been releasing product after product, each an upgrade to its predecessor. While the launches often translate to a modest rise in stock prices, they’re not significant.
When the first iPhone was launched, AAPL’s performance on the day was +7.07. Performance was also optimistic when iPhones 3GS and 5 were released. For iPhones 4, 4S, 5S, and 6, reactions were negative on launch dates. In other words, the stocks usually rise before the launch event. During or after the event, they go back to being influenced by the forces of demand and supply.
Which Stocks Benefit From iPhone 14 Release?
There is no doubt that a new iPhone release is a big deal for Apple, but it’s not just the tech giant that benefits from a new release. Many other companies also benefit from the release of a new iPhone. Here are stocks that are likely to rise from the release of the iPhone 14:
Foxconn (FXCOF) — Foxconn is a major manufacturer of Apple products, and its stock price tends to rise when new iPhones are released. Foxconn’s stock rose in the days leading up to the launch of the iPhone XS, which was released in September 2018. The company also saw a similar increase in its stock price with the launch of iOS 13 in September 2019. It recently went on a hiring spree ahead of the launch of the iPhone 14 range.
Broadcom (AVGO) — Broadcom is another major supplier for Apple products, including wireless chipsets used in iPhones and iPads. The company has been working with Apple on 5G modem components since 2020, signing a deal through 2023. The company’s stock rose after Apple announced its 5G modems, which could be released alongside the coming iPhone 14.
Qualcomm (QCOM) — Qualcomm makes chipsets that work across multiple platforms, including Android phones from Samsung Electronics and iPhones from Apple Inc. So it benefits from increased global demand for smartphones regardless of which platform people use them. In Q3 2022 alone, Qualcomm generated over $10 billion. The company announced it would sell 20% of iPhone modems in 2023, leading to stock spikes.
