Apple is set to report its earnings results for the fourth quarter of its 2018 fiscal year at 1:30 p.m. Pacific Time today.
The quarter began July 1, 2018 and ran through September 29, 2018, according to Apple’s fiscal year accounting calendar.
Apple provided the following guidance for the quarter back on July 31:revenue of $60 billion to $62 billion gross margin between 38 and 38.5 percent op. ex. of $7.95 billion to $8.05 billion other income/expense of $300 million tax rate of approximately 15 percent before discrete items
Apple’s guidance suggests it will report its best fourth quarter results ever, by revenue, [...]
The latest Mac mini, introduced on October 16, 2014, is four years old as of this week. For emphasis, it has been 1,462 days since the portable desktop computer was last updated, according to the MacRumors Buyer’s Guide.
The current lineup, still sold on Apple.com, features five-generation-old Intel dual-core Haswell processors with clock speeds up to 3.0GHz. Other tech specs include up to 16GB of LPDDR3 RAM, up to 1TB of flash storage, and the choice of Intel HD Graphics 5000 or Intel Iris integrated graphics. Prices start at $499.
The good news is that the long wait for an update may be coming to an end, as two reliable sources in Apple analyst [...]
Demand for the iPhone XR will be higher than demand for the iPhone 8 last year, Apple analyst Ming-Chi Kuo reiterated in a note to investors this morning.
Kuo is predicting better than expected replacement demand for iPhone XR along with improved supply starting in October, leading him to revise his predicted shipment estimates.
Apple is now expected to ship 36 to 38 million iPhone XR units in the fourth quarter of 2018, up 10 percent from an original estimate of 33 to 35 million units.
As he said last week in a note about the XR driving upgrades in China, Kuo is expecting the iPhone XR to outsell the iPhone 8 because of its larger display, longer battery [...]
In a research note obtained by MacRumors, Apple analyst Ming-Chi Kuo said cumulative smartphone shipments from four major brands on the Chinese market, including Huawei, Oppo, Vivo, and Xiaomi, declined 10 percent on a year-over-year basis during China’s Golden Week, a national holiday and major sales period.
iPhone XR in (PRODUCT)RED Kuo, writing on behalf of research firm TF International Securities, said the estimated 6.5-7 million shipments during Golden Week were „lower than expected.“ He called Huawei the „major winner“ as the only brand with a year-over-year increase in shipments during the October 1-7 holiday.
The well-known [...]