Apple(US:AAPL) Hua Er Jie Jian Wen·2025-10-27 20:15Core Insights - Apple plans to introduce variable aperture technology in the iPhone 18 Pro series, featuring a larger aperture for the 48MP telephoto lens, expected to improve low-light photography performance [1][2] - The release schedule for the iPhone 18 has been significantly adjusted, with the base model likely delayed until early 2027 to make room for a foldable iPhone [2][3] - The introduction of the "e" series, including the iPhone 17e, suggests Apple is adjusting its product cycle to fill market gaps, while potentially skipping the iPhone 19 naming and moving directly to iPhone 20 for the base model [3] Product Line Adjustments - The base iPhone 18 is expected to be released separately from the Pro series, likely in early 2027 alongside a model named iPhone 18e [2] - This change in release strategy may be aimed at creating market space for a highly anticipated foldable flagship product [2] Technological Enhancements - The iPhone 18 Pro and Pro Max will feature a larger aperture of at least F/2.0, an improvement over the F/2.2 aperture of the iPhone 17 Pro series [1] - The anticipated variable aperture technology will allow users to manually adjust the aperture based on lighting conditions, enhancing image and video clarity across different environments [1] Market Strategy - Apple continues to focus on equipping its top-tier models with exclusive hardware upgrades, maintaining high profit margins and solidifying its leadership in the global high-end smartphone market [3]