TELUS to Offer Apple's Advanced Flagship Products in Canada
TELUS Corporation TU has announced that it will offer the recently-launched iPhone Xs, iPhone Xs Max and Apple Watch Series 4 with GPS and Cellular to customers across Canada. These hi-tech products from Apple Inc AAPL are expected to take the mobile technology to a new level altogether. The products will be available at the company’s stores from Sep 21.
iPhone Xs and iPhone Xs Max feature 5.8-inch and 6.5-inch Super Retina display, respectively. They bring an improved dual camera system that offers advance photo and video features, A12 Bionic chip with next-generation Neural Engine, faster Face ID, wider stereo sound, longer battery life as well as water resistance. The sets introduce Dual SIM to iPhone through the use of a nano-SIM and digital eSIM.
In addition, iPhone Xr, which features an all-screen glass and aluminum design with a 6.1-inch Liquid Retina display, will be available for pre-order at TELUS on Oct 19. Apple Watch Series 4, which features a 30% larger display and new interface, has been redesigned to help users stay connected, be more active and better manage their health. Apple Watch Series 4 with watchOS 5 has advanced activity and communications features. The product also offers innovative health capabilities including a next generation accelerometer and gyroscope which can detect hard falls.
TELUS is likely to benefit from the increasing penetration of smartphones, wireless data services and wireline fiber optic networks. The Canadian telecommunications company expects balanced growth in the wireless and wireline businesses supported by healthy investment in high-speed broadband technology.
Courtesy of such innovative product offerings, the company’s shares have gained 5.5% against the industry’s decline of 5.4% in the past three months.
TELUS currently has a Zacks Rank #3 (Hold). A few better-ranked stocks in the industry are Shenandoah Telecommunications Company SHEN and Swisscom AG SCMWY, carrying a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Shenandoah surpassed earnings estimates thrice in the trailing four quarters with an average positive surprise of 260%.
Swisscom has a long-term earnings growth expectation of 2.4%.
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