Apple is set to report its earnings results for the third quarter of its 2018 fiscal year at 1:30 p.m. Pacific Time today.
The quarter began April 1, 2018 and ran through June 30, 2018, according to Apple’s fiscal year accounting calendar.
Apple provided the following guidance for the quarter back on May 1:revenue of $51.5 billion to $53.5 billion gross margin between 38 and 38.5 percent op. ex. of $7.7 billion to $7.8 billion other income/expense of $400 million tax rate of approximately 14.5 percent
Apple’s guidance suggests it will report its best third quarter results ever, by revenue, comfortably topping its 2015 [...]
On Monday, a report from South Korea’s ET News claimed that Apple’s transition to a full OLED iPhone lineup will be complete in 2019. This would mark the first time Apple has relied entirely on the organic light-emitting diode panel technology and not included LCD panels in any way, but now a group of analysts have responded to the report and argued that the 2019 timeframe might be inaccurate (via Bloomberg).
Jay Kwon, an analyst with JPMorgan, said that it’s too early for a switch to OLED-only production for the iPhone. This is because the OLED screens would make the smartphones more expensive, removing the chance for a „low-cost“ iPhone [...]
Apple today released its latest transparency report outlining government data requests for the second half of 2017, covering the dates between July 1 and December 31 [PDF].
Apple’s transparency reports are designed to provide customers with information on how many data-related requests it has received from law enforcement officials both in the United States and globally.
In the United States, Apple received 4,450 requests for 15,168 devices and provided data 80 percent of the time (in 3,548 cases). Worldwide, Apple received a total of 29,718 requests covering 309,362 devices and provided data 79 percent of the time (in 23,445 cases).
Apple received a [...]
Apple today shared its 2018 environmental report [PDF], outlining all of the improvements and changes that were implemented throughout 2017 and early 2018 to lessen the company’s overall environmental impact.
As was announced earlier this month, Apple recently hit a major milestone and longtime environmental goal, with 100 percent of its operations around the world powered by renewable energy. Apple has also convinced 23 of its suppliers to commit to using 100 percent renewable energy so far.
A map of Apple’s renewable energy projects These efforts allowed Apple to cut down on its total carbon footprint in 2017. During the year, Apple was responsible [...]