Never mind the edge-case security vulnerability that *might* be able to be pulled off "pre-initialisation"...
The number of apps which can be loaded onto the Nano S at the same time can be raised to up to 18 (depending on the cryptocurrencies – see FAQ), thanks to some refactoring on the BOLOS app management. As a reminder, deleting an app does not impact your cryptocurrency holdings: when the app is reinstalled, the original balance is retrieved.
Up to 18 Apps!!?!
w00t!
I've just tested this and installed Bitcoin, Bitcoin Cash, Bitcoin Gold, Dash, Dogecoin, Ethereum, Litecoin, Ripple, Stellar and Zcash
Although, it IS important to read the FAQ as it explains that the number is still dependent on exactly which apps you install:
How many apps can I have on my Nano S with 1.4?
One of the user experience gains of the 1.4 is the possibility to install much more apps on the Nano S. The global limitation is related to the small amount of memory available on the device. The new firmware doesn't expand the memory, but optimizes the size of Bitcoin related apps.
Many cryptocurrency projects are clones of the Bitcoin blockchain and therefore share most of the signature code (such as Bitcoin, Bitcoin Cash, Bitcoin Gold, Litecoin, Dogecoin, Dash, Zcash, Komodo, Stratis, Posw, Pivx, Viacoin, Vertcoin, Stealthcoin, Digibyte, Qtum, Hcash...). By refactoring all common codes in a library (hosted in the Bitcoin app), we were able to significantly lower the size of the other apps. On this principle, it is possible to install up to 18 apps sharing this library.
But if you install apps with a completely different code base (for instance: Bitcoin, Ethereum, Ripple, FIDO U2F, Password Manager) you'll still be limited to 4 or 5 apps.
In conclusion, depending of the type of apps you install, you'll see a very different result. Most probably, you will be in the 10 to 12 apps range.
Tip: when the dashboard has many apps (> 10), the device will freeze for a few seconds just after entering the PIN. This is due to the time necessary to sort the apps to display. A temporary fix would be to remove all apps and install them in the alphabetic order (a future firmware update will address the slowdown).