Another 3-Model iPhone 8 Rumor; Snap IPO-Could be worth $20-40 billionPosted: November 16, 2016
KGI securities says Apple will roll out a 4.7 inch iPhone next year with a single lens camera, plus a dual lens 5.5 inch model with an LCD display like the smaller model, and one with an OLED screen. According to macrumors.com, some sources think that third, even more premium model will have a larger screen, maybe 5.8 inches. KGI didn’t speculate on that size, however. There are already grumblings from people who don’t want a larger phone, but would like the dual camera setup…which is predicted to be on 65-70% of iPhones by next year. It’s too early to get all that exercised…several sources said there would be 3 iPhone 7 models, and that didn’t happen!
Businessinsider.com is reporting that Snapchat’s parent company Snap Inc. has quietly filed paperwork for an IPO. It could happen as early as March, but could also occur in the second quarter of next year. The company is seeking a valuation of $20 billion to $25 billion. Bloomberg has reported that Snap’s IPO valuation could go as high as $40 billion.