Markets

Will the Apple iPhone 7 Feature Wireless Charging?

AAPL Market Cap Chart

With concerns over the strength of iPhone sales and last week's uninspiring earnings report, shares of Apple .have sagged. Adding insult to injury, rival Alphabet 's blowout earnings release briefly grew its market capitalization enough for the search giant to steal Apple's long-held title as the world's most valuable company.

AAPL Market Cap data by YCharts

Things should get better heading into the second half of the year with the impending release of Apple's iPhone 7. And though a recent rumor regarding the iPhone 7's purported "flagship" feature created some concerns, this is one rumor Apple investors would do well to ignore.

The iPhone 7's flagship feature?

Last week, Bloomberg published a report claiming Apple has been quietly developing its own wireless charging technology that could make its way into the iPhone 7. From there, a number of other media outlets extrapolated the story to claim that wireless charging will feature prominently in Apple's forthcoming handset. However, I'm not so sure about that, for one specific reason.

Historically speaking, Apple has a strong record of opposing NFC or inductive charging pads like those currently found for many of rival Samsung 's recent flagship smartphones -- the Note 5, S6, and S6 Edge. Specifically, as Apple's veteran VP of marketing, Phil Schiller, noted in the wake of the iPhone 5 release, current wireless charging pads merely shift the need to plug the charging cord from the device itself to the wireless charging pad. So the core technology doesn't alleviate the pain point of charging, which usually involves being within arm's reach of an outlet.

True, numerous reports say that Apple plans to eliminate the headphone jack in the forthcoming iPhone 7 to further push the boundaries of smartphone thinness. However, it makes sense that Apple will either develop headphones that work with Apple's Lightning power connector or operate via Bluetooth. This doesn't strike me as a sign that Apple is intent on combining wireless charging in this year's iPhone form factor revamp.

Worth the wait

Rather, in keeping with Apple's preference to develop exciting new hardware specs, expect Apple to pursue wireless charging integration only when it can produce the kind of wow factor Apple loves to engender from its users. According to reports, Apple has such a technology in the works, but it probably sits more than a single product cycle into the future.

In an effort to untether the iPhone from power outlets, Apple is reportedly working toward a technology that would allow the iPhone to charge itself through another Apple device, like an updated iMac that includes the necessary components to power such a feature. Though it's just a rumor at this early stage, and it's worth noting that many of Apple's patents never appear in its devices, this strikes me as the kind of breakthrough technology that solves a problem by creating an entirely new method for achieving the desired result.

This also strikes me as the kind of major hardware innovation that Apple might prefer to introduce with its odd-year iPhone 7s. It appears Apple prefers to position major features in its s-series iPhones -- things such as Force Touch, Touch ID, and Siri. This makes strategic sense, as it helps differentiate the new s-series iPhone from the preceding iPhone that shares the same form factor.

Rest assured that as we head toward its likely September launch, Apple iPhone 7 rumors will approach a fever pitch. However, in terms of this specific rumor, my money's on seeing wireless charging surface in a more impressive way no sooner than the iPhone 7s in 2017.

The next billion-dollar iSecret

The world's biggest tech company forgot to show you something at its recent event, but a few Wall Street analysts and the Fool didn't miss a beat: There's a small company that's powering their brand-new gadgets and the coming revolution in technology. And we think its stock price has nearly unlimited room to run for early in-the-know investors! To be one of them, just click here .

The article Will the Apple iPhone 7 Feature Wireless Charging? originally appeared on Fool.com.

Suzanne Frey, an executive at Alphabet, is a member of The Motley Fool's board of directors. Andrew Tonner owns shares of Apple. The Motley Fool owns shares of and recommends Alphabet (A shares), Alphabet (C shares), and Apple. Try any of our Foolish newsletter services free for 30 days . We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy .

Copyright © 1995 - 2016 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy .

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

In This Story

AAPL

Other Topics

Stocks

Latest Markets Videos

    The Motley Fool

    Founded in 1993 in Alexandria, VA., by brothers David and Tom Gardner, The Motley Fool is a multimedia financial-services company dedicated to building the world's greatest investment community. Reaching millions of people each month through its website, books, newspaper column, radio show, television appearances, and subscription newsletter services, The Motley Fool champions shareholder values and advocates tirelessly for the individual investor. The company's name was taken from Shakespeare, whose wise fools both instructed and amused, and could speak the truth to the king -- without getting their heads lopped off.

    Learn More