referring to UBS, in its report, forecasts iPhone sales — powered by the new model — will surge 15% in its fiscal year 2018. Buried in Apple's third-quarter results late Tuesday may be details about the availability of its redesigned iPhone 8, expected to be announced in early September. More: iPhone 8 sales are forecast to be blockbusterBut Apple's path to smartphone gold comes with a big if — as in, when does the long-rumored iPhone 8 go on sale? Apple is expected to post earnings of $1.57 on revenue of $44.9 billion in the quarter, according to Wall Street analyst estimates. As iPhone 8 production steadily increases, BMO analyst Long says he will adjust his fiscal 2018 iPhone "unit and average selling price estimates higher."
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Well-known software developer Steve Troughton-Smith last week found that Apple mistakenly released software code for its upcoming iPhone. Those rumors suggest Apple has three devices planned for this year, including two handsets called the iPhone 7s and iPhone 7s Plus, which will only offer minor upgrades over last year's iPhone 7 and iPhone 7 Plus. While it's impossible to say for sure the code is legitimate (Troughton-Smith says "it's 1,000% real"), it suggests Apple is planning a new facial-scanning feature in its upcoming "iPhone 8." Apple hasn't confirmed the facial-scanning is coming to a future iPhone, but several reports have said it's imminent. In the code Troughton-Smith analyzed, there was a mention of a "face detect operation."
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