Welcome to my blog phone parts › What Apple's earnings tell us about the iPhone 8


What Apple's earnings tell us about the iPhone 8

Going into Tuesday's earnings report, most expected Apple to delay the launch of its next flagship iPhone, with rumors calling for an October release date, if not later. But the normally conservative Apple surprised everyone by offering a cheery forecast for the current quarter, with revenue ranging from $49 billion to $52 billion, above Wall Street's forecast of $49.2 billion.

That forecast is important because it suggests that some sort of new phone parts wholesale will launch in the period, which runs until the end of September. Otherwise, there's no way its existing product line could generate those numbers, which represent an increase over the $46.9 billion it posted a year earlier.

"There's simply no way to achieve the kind of growth their guidance suggests without that," said Jan Dawson, an analyst at Jackdaw Research.

The sentiment was enough to drive the stock to an all-time high in after-hours trading on Tuesday. It's up 5.7 percent to $158.57 in pre-market trading on Wednesday morning.

CEO Tim Cook teased only an "exciting fall" during a conference call on Tuesday, but clammed up when an analyst asked directly about his thoughts on a new iPhone. "No comment on anything that's not announced," Cook said.

While we may see new iPhones in September, they could be an upgraded version of the iPhone 7 and iPhone 7 Plus, the usual addition of an "S" to its name. Dawson said it would be hard for Apple to hit its revenue forecast without a new high-end iPhone. But the company could still hold back the rumored radically different phone spare parts in October or later.

Apple usually schedules an event in early September, so we're likely just a few weeks away.

Here's a breakdown of other notable comments from Cook:

The China issue

Cook took the time to address the controversy over Apple shutting down several virtual private network apps in China, seen by some as the company acquiescing to the government's request. A VPN is a secure online connection that internet service providers (and government authorities that monitor them) can't look at.

In this case, Cook said Apple was forced to remove the VPN apps because they didn't have the necessary license to operate in China. He said Apple has to follow the laws of each country it operates in, even if it doesn't agree with the principle.

"Hopefully the restrictions we're seeing are loosened," he said. "Innovation requires freedom to collaborate and communicate."

In contrast, Google doesn't offer its services in China because of censorship issues.

Cook also dismissed the notion that this was similar to Apple's fight against the FBI last year, in which the government wanted the company to build a backdoor into its encrypted software. In that case, the law was on Apple's side, Cook said.

Autonomous system

Cook struck a bullish tone when it came to autonomous driving and noted that cars represented just the first application. He said Apple was making a big investment in this area and that autonomous systems can be used in a variety of ways.

タグ :AppleiPhone 8

Posted by phoneparts at 12:54│Comments(0)