Will WWDC Enhance Apple's (AAPL) Growth Prospects in 2018?

Apple working on NFC tech for iPhones that unlocks doors

As before you need an Apple device to watch the WWDC 2018 keynote live. Although chances of unveiling a new iPhone is quite unlikely, analysts and Apple enthusiasts have speculated the company to unveil "a cheaper Siri-integrated Speaker" (Gene Munster of Loup Ventures) or a "host of Mac upgrades" (Keybanc analyst). Nonetheless, here are a few things we expect Apple to unveil at WWDC 2018.

The introduction of a new set of tools, dubbed "Digital Health", may give some users a fright as it will allow them to monitor how much time they spend on their devices and which applications absorb most of their time. NFC may be opened up to provide users with more functions, such as opening NFC-capable doors, transmitting data to transit systems, personal authentication devices, and more. We think Apple might launch that at this year's keynote, actually I really hope they do! It is being held in San Jose, California at 10 am PT/ 1 pm ET. This could be a prelude for what's to come from an Apple AR headset, which is planned for as early as 2020. With the rumours of some hardware and software launches surfacing on the internet, the kickoff of the event has already gotten a lot of tech geeks to the edge of their seats. At the time, Apple said it was working on "new features and enhancements" to address the concerns, and in March it added a new webpage to educate parents about existing controls.

■ The company also plans to preview iOS 12, the new version of the iPhone and iPad operating system, including bug fixes and other improvements. What are your thoughts on Apple's WWDC 2018 event? Users have been asking for this major overhaul for years now and it may finally be here. The Zacks Consensus Estimate for long-term earnings growth rate is now pegged at 11.77%.

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Since the previous year, Apple has had its focus stuck to the augmented reality that allows people experience digital entities in the actual world via their phone screen.

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