Apple’s Iphone 8 Will Boast a New Oleg System – and Iris Recognition

Apple iPhone 8

The Apple iPhone will celebrate its 10th anniversary next year. Yes, it has been 10 years since the release of the first iPhone on June 29th, 1997.

Many Apple and AT&T stores were sold out within hours when thousands of die-hard consumers braved the elements to get their hands on the most coveted cellphone of the 21st century. The company has grown by many leaps and bounds since 1997, and has seen its most sought after product evolved to become the biggest and most coveted smartphone around the globe.

A recent report in the Wall Street Journal indicated that Apple is in talks with several distributors to start increasing their output of organic light emitting display (OLED). They have also asked for submission of better prototype with screens boasting higher resolution.

The company is now developing an OLED-equipped iPhone8; it  will be release summer of 2017. According, to the Wall Street Journal, the cellphone giant is planning to launch more than 10 prototypes next year.

Apple will replace the old LCD display that it has used for over 15 years with an organic light emitting display, thus eliminating the need for backlighting as well as offering a more flexible design.

The iPhone 8 will also boast a much thinner screen and higher picture resolution.

The November 28 announcement has seen a slight gain in Apple’s share on the NASDAQ Stock Exchange. Investors are anticipating the shares going higher with the release of the three rumored iPhone models that will be available on the market in 2017.

Apple is anticipating an increase in sale, since it has experienced a slump in sale over the past few years. The iPhone 8 will boast a larger screen size between 5.1 and 5.2 inches as well as back cases made of glass and wireless charging features.

In a research done by KGI Securities analyst, Ming Chi Kuo noted that the new OLED equipped iPhone 8, will feature biometric sensor technologies along with iris scanning capabilities.

Most interestingly, with the new iPhone 8 consumers will be able to use their eyes in identifying transactions as well as for self-identification.