Apple (AAPL): FQ2 EPS of $10.09 beats by $0.02. Revenue of $43.6B (+11% Y/Y) beats by $1.1B. 37.4M iPhones, 19.5M iPads, just under 4M Macs. Expects FQ3 revenue of $33.5B-$35.5B, below $39.3B consensus. Buyback increased by $50B. Shares halted. CC at 5PM ET (webcast). (PR) [View news story]
That's a terrible guidance. I expect mixed reaction overall due to the enormous buyback
Apple (AAPL -5.8%) has hit levels last seen in Dec. '11 following Cirrus Logic's warning and a Digitimes report about declining iPad Mini shipments. Cross Research calls Cirrus' warning "a reminder of weakening demand, and the challenges around product transitions" for Apple. Tero Kuittinen, noting sub-30M June quarter iPhone sales estimates and worries about the margin impact of emerging markets promotions, thinks "several nightmare scenarios have been priced in." "The naked fear of former Apple bulls is exactly what we need just before the earnings come out." [View news story]
Well said. However, you simply cannot underestimate a company with a history of ground breaking products and a mountain of cash either.
Foxconn indicates it started a hiring blitz of assembly workers in China in the latest indication that Apple (AAPL) is gearing up for production of a new iPhone. The company says 10K assembly-line workers have been added per week in Zhengzhou since the end of March and that hiring will continue to meet seasonal demand. [View news story]
really? Apple can literally release a minor upgrade AGAIN and sell like hotcakes...AGAIN. Same reason why hollywood summer blockbusters usually do better than your average films. One word. Marketing. Apple is best in the business at that.
"After our meeting with a tech-supply chain company, we walked away with the view that Apple will release the iPhone 5S in at least two screen sizes this summer and possibly three," says Topeka's Brian White. "We believe Apple is coming around to the fact that one size per iPhone release does not work for everyone," he adds. Last week, the Apple (AAPL -0.6%) perma-bull/supply-chain tracker predicted a TV with a ring accessory will arrive. Meanwhile, Digitimes reports 5th-gen iPad production will commence in the July-August timeframe; that's in-line with earlier reports. [View news story]
Initially, people will definately flock to it thats for sure. Later on they will have to reduce the price/specs of their smaller screen phones and just keep the larger screen phone as premium with high end specs. I'll believe all this when something happens. No idea what's cooking at Apple. pun intended.
"After our meeting with a tech-supply chain company, we walked away with the view that Apple will release the iPhone 5S in at least two screen sizes this summer and possibly three," says Topeka's Brian White. "We believe Apple is coming around to the fact that one size per iPhone release does not work for everyone," he adds. Last week, the Apple (AAPL -0.6%) perma-bull/supply-chain tracker predicted a TV with a ring accessory will arrive. Meanwhile, Digitimes reports 5th-gen iPad production will commence in the July-August timeframe; that's in-line with earlier reports. [View news story]
Knowing apple they will charge additional $100 for slightly bigger screen with same specs as the smaller version. Similar to how they do with storage capacity.
"iOS 7 (AAPL) is running behind, and engineers have been pulled from OS X 10.9 to work on it," John Gruber reports hearing. The remarks come 5 months after iOS chief Scott Forstall left Apple, and Mac OS chief Craig Federighi was put in charge of the mobile OS. Meanwhile, iMore's Rene Ritchie claims Jony Ive's UI work "is apparently making many people really happy, but will also apparently make rich-texture-loving designers sad."The WSJ reported something similar last month. [View news story]
Seriously, this is getting ridiculous with the amount of Apple rumor news on this site.
Ready for the "iRing"? After meeting with hardware suppliers in China and Taiwan, Brian White believes Apple (AAPL) will launch a TV this year with a ring accessory allowing a user to control the set by pointing their finger. White also sees the iTV coming with a 9.7" mini iTV screen to be used for things such as home security, phone calls, and video conferencing. [View news story]
"The big opportunity over the next two years is the low-end phone market," Gene Munster tells Bloomberg, expecting Apple's (AAPL) earnings growth to return in H2 and reiterating his Buy rating on the stock. Munster sees just a modest increase in the dividend - from $10.60 to $14 - and no bump in the buyback. Shares +0.3% premarket. [View news story]
There were also $10-$20 MP3 players; but everyone wanted an iPod (shuffle, nano, etc.) We'll find out soon enough if the iPhone brand is as strong as the iPod brand was against its' competitors.
With iWatch rumors barely a month old, Reuters reports Samsung (SSNLF.PK) is working on a "wearable digital device similar to a wristwatch." A source claims the device will perform many smartphone tasks, but doesn't elaborate. Last week, in tandem with the Galaxy S IV launch, Samsung introduced the S Band, a wristband accessory that counts calories and tracks steps. The product bears a strong resemblance to Nike's (NKE) FuelBand. Update: Samsung confirms it's building a smart watch. [View news story]
Live from New York, it's the Samsung (SSNLF.PK) Galaxy S IV. Mobile chief JK Shin has unveiled Samsung's new flagship device, which happens to look a lot like its predecessor. The S IV, said to support every 4G LTE band, will go on sale in late April (U.S. availability might take longer). The expected 5" 1080p display and 13MP camera are there, the next-gen 802.11ac Wi-Fi standard is supported (could be a positive for BRCM), and infrared, temperature, and humidity sensors are thrown in. A variety of camera tricks/gimmicks are provided, including the ability to simultaneously record video from both cameras. (live blog) (previous) [View news story]
Doesn't look like much thought was put into the new features. Threw in a bunch of gizmos, let the app developers come up with innovation they can take credit for.
At the open: Dow +0.22% to 14487. S&P +0.26% to 1559. Nasdaq +0.27% to 3254. Treasurys: 30-year -0.41%. 10-yr -0.2%. 5-yr -0.1%. Commodities: Crude +0.04% to $92.56. Gold -0.51% to $1580.3. Currencies: Euro -0.18% vs. dollar. Yen +0.36%. Pound -0.24%. [View news story]
It'll be interesting analysis to see if there is correlation between the drop in AAPL stock price and the rise of S&P500. All that money must be going somewhere.
Samsung (SSNLF.PK) is due to unveil the Galaxy S IV in New York today following a marketing blitz that analysts fear may have over-hyped the device and set it up to disappoint. Still, sales of 10M units are expected in the first month alone. The company is thought to have worked hard to avoid the supply problems that cost it 2M units of lost sales in just one month last year after it launched the S III in May. [View news story]
You can only have so many form factors in phones.Its the tech that matters. Samsung does pack a whole lot of features into their phones. Interested to see what new feature(s) they added this time around.
In a rare move for an Apple (AAPL) exec, marketing chief Phil Schiller is trashing Android (GOOG) ahead of tomorrow's Samsung Galaxy S IV event. Schiller takes aim at Android's fragmentation, noting only 16% of users (per Google's data) are on Android 4.1 (Jelly Bean), and claims (citing Apple's internal data) 4x as many smartphone users switched from Android to the iPhone in Q4 than vice versa. Is Schiller just being candid, or does Apple now think Android's rise demands a more aggressive marketing stance? [View news story]
Not only your links are outdated but you also managed to cite Wikipedia. Welcome to high school level research.
In a rare move for an Apple (AAPL) exec, marketing chief Phil Schiller is trashing Android (GOOG) ahead of tomorrow's Samsung Galaxy S IV event. Schiller takes aim at Android's fragmentation, noting only 16% of users (per Google's data) are on Android 4.1 (Jelly Bean), and claims (citing Apple's internal data) 4x as many smartphone users switched from Android to the iPhone in Q4 than vice versa. Is Schiller just being candid, or does Apple now think Android's rise demands a more aggressive marketing stance? [View news story]
Tack: And yet AAPL is worth as much as GOOG and Samsung combined? Have you thought of the fact that if AAPL had those made up facts you pointed out, it would be worth a trillion?
Foxconn has begun production of an iPhone 5S (AAPL) that looks much like the iPhone 5, claims Japanese blog MacOtakara, which has a mixed track record (I, II) with iScoops. MacOtakara also reports NTT DoCoMo (DCM) has slashed Android phone orders for the fall, which is fueling speculation an iPhone deal is on the way. Jefferies' Peter Misek argued last month preparation for March iPhone 5S production could be responsible for new iPhone order cuts. Possible/likely suppliers: CRUS, OVTI, SWKS, TQNT, AVGO, QCOM, BRCM, NTE, MFLX, LPL. (yesterday) [View news story]
The "S" versions of the iPhone aren't something to be super excited about. Unless this version has the chip that supports China Mobile network. What's more interesting is that if AAPL launches an update this early in the year, a re-design is coming much sooner than it did from iPhone 4 to 5.
Apple (AAPL): FQ2 EPS of $10.09 beats by $0.02. Revenue of $43.6B (+11% Y/Y) beats by $1.1B. 37.4M iPhones, 19.5M iPads, just under 4M Macs. Expects FQ3 revenue of $33.5B-$35.5B, below $39.3B consensus. Buyback increased by $50B. Shares halted. CC at 5PM ET (webcast). (PR) [View news story]
Apple (AAPL -5.8%) has hit levels last seen in Dec. '11 following Cirrus Logic's warning and a Digitimes report about declining iPad Mini shipments. Cross Research calls Cirrus' warning "a reminder of weakening demand, and the challenges around product transitions" for Apple. Tero Kuittinen, noting sub-30M June quarter iPhone sales estimates and worries about the margin impact of emerging markets promotions, thinks "several nightmare scenarios have been priced in." "The naked fear of former Apple bulls is exactly what we need just before the earnings come out." [View news story]
Foxconn indicates it started a hiring blitz of assembly workers in China in the latest indication that Apple (AAPL) is gearing up for production of a new iPhone. The company says 10K assembly-line workers have been added per week in Zhengzhou since the end of March and that hiring will continue to meet seasonal demand. [View news story]
Same reason why hollywood summer blockbusters usually do better than your average films. One word. Marketing. Apple is best in the business at that.
"After our meeting with a tech-supply chain company, we walked away with the view that Apple will release the iPhone 5S in at least two screen sizes this summer and possibly three," says Topeka's Brian White. "We believe Apple is coming around to the fact that one size per iPhone release does not work for everyone," he adds. Last week, the Apple (AAPL -0.6%) perma-bull/supply-chain tracker predicted a TV with a ring accessory will arrive. Meanwhile, Digitimes reports 5th-gen iPad production will commence in the July-August timeframe; that's in-line with earlier reports. [View news story]
Later on they will have to reduce the price/specs of their smaller screen phones and just keep the larger screen phone as premium with high end specs.
I'll believe all this when something happens. No idea what's cooking at Apple. pun intended.
"After our meeting with a tech-supply chain company, we walked away with the view that Apple will release the iPhone 5S in at least two screen sizes this summer and possibly three," says Topeka's Brian White. "We believe Apple is coming around to the fact that one size per iPhone release does not work for everyone," he adds. Last week, the Apple (AAPL -0.6%) perma-bull/supply-chain tracker predicted a TV with a ring accessory will arrive. Meanwhile, Digitimes reports 5th-gen iPad production will commence in the July-August timeframe; that's in-line with earlier reports. [View news story]
"iOS 7 (AAPL) is running behind, and engineers have been pulled from OS X 10.9 to work on it," John Gruber reports hearing. The remarks come 5 months after iOS chief Scott Forstall left Apple, and Mac OS chief Craig Federighi was put in charge of the mobile OS. Meanwhile, iMore's Rene Ritchie claims Jony Ive's UI work "is apparently making many people really happy, but will also apparently make rich-texture-loving designers sad."The WSJ reported something similar last month. [View news story]
Ready for the "iRing"? After meeting with hardware suppliers in China and Taiwan, Brian White believes Apple (AAPL) will launch a TV this year with a ring accessory allowing a user to control the set by pointing their finger. White also sees the iTV coming with a 9.7" mini iTV screen to be used for things such as home security, phone calls, and video conferencing. [View news story]
"The big opportunity over the next two years is the low-end phone market," Gene Munster tells Bloomberg, expecting Apple's (AAPL) earnings growth to return in H2 and reiterating his Buy rating on the stock. Munster sees just a modest increase in the dividend - from $10.60 to $14 - and no bump in the buyback. Shares +0.3% premarket. [View news story]
We'll find out soon enough if the iPhone brand is as strong as the iPod brand was against its' competitors.
With iWatch rumors barely a month old, Reuters reports Samsung (SSNLF.PK) is working on a "wearable digital device similar to a wristwatch." A source claims the device will perform many smartphone tasks, but doesn't elaborate. Last week, in tandem with the Galaxy S IV launch, Samsung introduced the S Band, a wristband accessory that counts calories and tracks steps. The product bears a strong resemblance to Nike's (NKE) FuelBand. Update: Samsung confirms it's building a smart watch. [View news story]
Live from New York, it's the Samsung (SSNLF.PK) Galaxy S IV. Mobile chief JK Shin has unveiled Samsung's new flagship device, which happens to look a lot like its predecessor. The S IV, said to support every 4G LTE band, will go on sale in late April (U.S. availability might take longer). The expected 5" 1080p display and 13MP camera are there, the next-gen 802.11ac Wi-Fi standard is supported (could be a positive for BRCM), and infrared, temperature, and humidity sensors are thrown in. A variety of camera tricks/gimmicks are provided, including the ability to simultaneously record video from both cameras. (live blog) (previous) [View news story]
Threw in a bunch of gizmos, let the app developers come up with innovation they can take credit for.
At the open: Dow +0.22% to 14487. S&P +0.26% to 1559. Nasdaq +0.27% to 3254.
Treasurys: 30-year -0.41%. 10-yr -0.2%. 5-yr -0.1%.
Commodities: Crude +0.04% to $92.56. Gold -0.51% to $1580.3.
Currencies: Euro -0.18% vs. dollar. Yen +0.36%. Pound -0.24%. [View news story]
Samsung (SSNLF.PK) is due to unveil the Galaxy S IV in New York today following a marketing blitz that analysts fear may have over-hyped the device and set it up to disappoint. Still, sales of 10M units are expected in the first month alone. The company is thought to have worked hard to avoid the supply problems that cost it 2M units of lost sales in just one month last year after it launched the S III in May. [View news story]
In a rare move for an Apple (AAPL) exec, marketing chief Phil Schiller is trashing Android (GOOG) ahead of tomorrow's Samsung Galaxy S IV event. Schiller takes aim at Android's fragmentation, noting only 16% of users (per Google's data) are on Android 4.1 (Jelly Bean), and claims (citing Apple's internal data) 4x as many smartphone users switched from Android to the iPhone in Q4 than vice versa. Is Schiller just being candid, or does Apple now think Android's rise demands a more aggressive marketing stance? [View news story]
In a rare move for an Apple (AAPL) exec, marketing chief Phil Schiller is trashing Android (GOOG) ahead of tomorrow's Samsung Galaxy S IV event. Schiller takes aim at Android's fragmentation, noting only 16% of users (per Google's data) are on Android 4.1 (Jelly Bean), and claims (citing Apple's internal data) 4x as many smartphone users switched from Android to the iPhone in Q4 than vice versa. Is Schiller just being candid, or does Apple now think Android's rise demands a more aggressive marketing stance? [View news story]
Have you thought of the fact that if AAPL had those made up facts you pointed out, it would be worth a trillion?
Foxconn has begun production of an iPhone 5S (AAPL) that looks much like the iPhone 5, claims Japanese blog MacOtakara, which has a mixed track record (I, II) with iScoops. MacOtakara also reports NTT DoCoMo (DCM) has slashed Android phone orders for the fall, which is fueling speculation an iPhone deal is on the way. Jefferies' Peter Misek argued last month preparation for March iPhone 5S production could be responsible for new iPhone order cuts. Possible/likely suppliers: CRUS, OVTI, SWKS, TQNT, AVGO, QCOM, BRCM, NTE, MFLX, LPL. (yesterday) [View news story]