Video Apparently Released Showing the Apple Inc. (NASDAQ:AAPL) iPhone 7 Prototype is Most Certainly a Fake

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Yesterday, a video claiming to be of the Apple Inc. (NASDAQ:AAPL) iPhone 7 was released via Chinese video portal, qq.com. Since the release, several media outlets, have reported on the story, and many Apple fanboys are wondering whether or not the prototype shown in the video is actually legitimate.

We are here to tell you why it is not. First off, the video which is said to have been tested in the Apple Inc. (NASDAQ:AAPL) contractor’s Foxconn headquarters does not exude any noticeable hardware enhancements to the iPhone 6s. As you can see in the video, the phone appears to be much thicker that the current version, the camera lense appears to be in the center of the phone, and the hardware is missing the camera flash.

The best giveaway here though, is the phoney end of the video, where someone apparently catches the person taking the video, and it sounds as though the two individuals get into a tussle. We will let you guys decide though.The stock closed at $107.23 during the last trading session. It is down 17.55% since May 20, 2015 and is downtrending. It has underperformed the S&P500 by 15.29%.

From a total of 29 analysts covering Apple Inc. (NASDAQ:AAPL) stock, 26 rate it a “Buy”, 0 a “Sell”, and 3 a “Hold”. This means that 90% of the ratings are positive. The highest target price is $200 while the lowest target price is $125. The mean of all analyst targets is $149.71 which is 39.62% above today’s ($107.23) stock price. Apple Inc. was the topic of 92 analyst reports since July 21, 2015 according to the firm StockzIntelligence Inc. UBS maintained shares on December 16 with a “Buy” rating. Mizuho maintained shares with a”Hold” rating and a $125 target share price in their report from an October 28. BMO Capital Markets initiated AAPL stock in a recent report from December 11 with a “Outperform” rating. Oppenheimer maintained the rating on October 28. Oppenheimer has a “Buy” rating and a $125 price target on shares. Finally, Macquarie Research maintained the stock with a “Buy” rating in a report they issued on an October 28.

The institutional sentiment increased to 1.18 in Q2 2015. It’s up 0.22, from 0.96 in 2015Q2. The ratio improved, as 103 funds sold all their Apple Inc. shares they owned while 854 reduced their positions. 102 funds bought stakes while 1032 increased their total positions. Institutions now own 3.20 billion shares which is 1.58% less than the previous share count of 3.25 billion in 2015Q2.

Compton Capital Management Inc Ri holds 45.15% of its total portfolio in Apple Inc., equating to 113,694 shares. Raiff Partners Inc owns 100,000 shares representing 32.27% of their total US portfolio. Moreover, Rfg Advisory Group Llc has 25.06% of their total portfolio invested in the company, equating to 70,558 shares. The New York-based Independent Investors Inc has a total of 23.66% of their portfolio invested in the stock. Dock Street Asset Management Inc, a Connecticut-based fund reported 269,584 shares owned.

Since March 6, 2015, the stock had 0 buys, and 7 sales for a total of $17.48 million in net activity. Maestri Luca sold 2,908 shares worth $325,347. Williams Jeffrey E sold 46,873 shares worth $5.18M. Riccio Daniel J. sold 24,085 shares worth $3.01 million. Ahrendts Angela J sold 44,789 shares worth $5.90 million. The insider Levinson Arthur D sold 70,000 shares worth $9.20 million.

Apple Inc. designs, manufactures and markets mobile communication and media devices, personal computers, and portable digital music players, and a variety of related software, services, peripherals, networking solutions, and third-party digital content and applications. The company has a market cap of $597.84 billion. The Company’s services and products include iPhone, iPad, Mac, iPod, Apple TV, a portfolio of consumer and professional software applications, the iOS and OS X operating systems, iCloud, and a variety of accessory, service and support offerings. It has 11.66 P/E ratio. The Firm also delivers digital content and applications through the iTunes Store, App StoreSM, iBookstoreSM, and Mac App Store.

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