Apple is poised to release its earnings from the most recent quarter gone by, and the consensus is that while Apple may report record Q2 sales, its overall profits may take a dip for the first time in nearly 10 years. Indeed, many are eagerly hoping that Apple will soon release a grand new product to alleviate many of the recent concerns among investors.
To that end, the iPhone 5S may be that product. The device may come with a fingerprint authentication sensor underneath the home button. Remember that Apple in July 2012 spent $365 million to acquire AuthenTec, an Australian-based company that is highly touted for its manufacturing of fingerprint sensor chips used in a variety of computing devices.
With a fingerprint authorization sensor in tow, the iPhone 5S could open the door to a number of interesting possibilities, namely NFC purchases.
But before we extrapolate on the cool opportunities that might arise, we might have to wait a little bit longer for the iPhone 5S to come out. While initial reports hinted that Apple's next-gen iPhone could ship as early as June, manufacturing difficulties may push that date back to as late as September, according to a recent report from Reuters. Specifically, Apple is reportedly having trouble finding the right type of coating material that won't interfere with the actual fingerprint sensor.
Reuters' report jibes with a previous research note from the typically reliable KGI Securities analyst Ming-Hi Kuo, who also articulated that production challenges are affecting Apple's initial launch dates for the iPhone 5S, a cheaper iPhone model, and a revamped iPad Mini with a Retina Display.