News Worms
News Worms


IPhone, iPad, Mac sales back on the rise

IPhone, iPad, Mac sales back on the rise

Apple said it sold 46.7 million iPhones in the fourth quarter ended September 30, above analysts' estimates of 46.4 million, according to financial data and analytics firm FactSet.

Often reliable KGI analyst Ming-Chi Kuo said in a memo to investors that it is highly unlikely that Apple will integrate a 7P (seven-lens plastic array) or 2G3P (two glass, three plastic) design in the iPhone X successor's camera.

The new phone, which goes on sale around the world on Friday, drew a line of about 350 people outside Apple's store in Sydney, Australia shortly after the company released its results.

Some Chinese re-sellers, however, said they already cancelled pre-orders for the iPhone X, concerned there wouldn't be enough of a supply bottleneck to allow them to charge a steep premium - despite some worries about long waits.

The world's biggest company on Thursday reported net income for its latest quarter of $10.7 billion and earnings per share of $2.07.

Behman said he camped outside the store for a week and said he plans to sell the phones on for around A$3,000 each. This is mostly due to the upcoming sales of the iPhone X, HomePod, and others.

Nonetheless, the just-ended quarter largely became an afterthought once Apple made a decision to release the iPhone X six weeks after the iPhone 8. All told, Apple earned $10.7 billion on revenue of $52.6 billion, compared with a $9 billion profit on revenue of $46.9 billion a year earlier.

Making the iPhone X is proving to be a challenge because it boasts a color-popping OLED screen, which isn't as readily available as standard LCD displays in other iPhone models.

Even supply chain solution provider Redington India and HCL Infosystems that sell newly-launched iPhones on their partner stores were yet to send any information on iPhone X. Nonetheless, the iPad still contributed $4.8 billion to Apple's revenues.

Ahead of the November 3 release of the redesigned glass and stainless steel device, some analysts have questioned its price tag: At $999 for the base model, it is the most expensive iPhone to date.

Cook and company say they expect between $84 billion and $87 billion in revenue next quarter. Most analysts are predicting Apple won't be able to catch up with demand until early next year.

Analysts had expected total revenue of $50.7bn, according to Thomson Reuters. That would be slightly better than the same time past year. The company sold 74.8 million iPhones in the year ago holiday quarter.

follow

editors' picks

November 03, 2017
Qualcomm sues Apple for breach of software license contract
In contrast, revenue from Qualcomm's licensing business fell 36 percent to $1.21 billion in the quarter ended September 24. Although Apple doesn't use Snapdragon processors in its iPhones, it's still on the hook for numerous patents Qualcomm owns.

November 03, 2017
Kevin Spacey seeking treatment following sexual misconduct allegations
While there, he recalled seeing pictures of actress Jennifer Jason Leigh, whom Spacey described to him as his girlfriend. As he grew older, he told Vulture , he came to see Spacey as a sexual predator: "I would call him that to his face".

November 03, 2017
'Fake News' Named Word Of The Year
They officially defined it as a noun meaning "false, often sensational , information disseminated under the guise of news". The U.K. -based dictionary says the current political climate was bound to affect trends in language.

November 03, 2017
Texans QB Deshaun Watson Out For Season With ACL Tear
The Houston Texans have signed Matt McGloin after losing Deshaun Watson for the remainder of the 2017 season with a torn ACL. Watson's 19 passing touchdowns are the most by any QB in National Football League history through their first seven games.

November 03, 2017
Why Philippines slipped in WEF's gender gap ranking
Overall, some 68 percent of the global gender gap has been closed. "Gender equality is both a moral and economic imperative". New Zealand is among the top ten nations in the world when it comes to gender equality, according to a new global report.

November 02, 2017
Fresno County earns "C" grade on preterm birth report card
The March of Dimes says South Carolina's preterm birth rate is higher than one year ago, at just over 11 percent. March of Dimes is a nonprofit organization focused on improving pregnancy and baby health in the United States.

November 02, 2017
Google, Facebook, Twitter and Russian Federation : A Timeline on the '16 Election
During the hearings, Facebook downplayed the potential reach of ads bought by Russia's Internet Research Agency. On Wednesday, Facebook was grilled by lawmakers on Capitol Hill.

November 02, 2017
Trump says he'll consider sending NY terror suspect to Guantanamo
Part of the solution would be to allow Trump's travel ban for some Muslim-majority countries to go into effect, Graham said. Asked about the Guantanamo military commission's poor track record thus far, McCain conceded the system isn't working well.

November 02, 2017
'Super Mario Run' has over 200 million downloads, but Nintendo not satisfied
However, toward the end of a year ago, the company released its first mobile #game in the form of '#Super Mario Run. That's an impressive number to be sure, but Nintendo still isn't satisfied with its performance.

November 02, 2017
Japanese man stored dismembered bodies at home after two-month killing spree
According to local media reports, she had been seen on security camera footage walking with Shiraishi near the apartment. Police made the gruesome discovery this week while searching for a 23-year-old woman who had disappeared one week prior.