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Can Apple finish 2018 on a high note? We’ll find out Thursday

Posted by | Apple, apple inc, apple store, computing, Earnings, Gadgets, iOS, iPad, iPhone, iTunes, macintosh, Steve Jobs | No Comments

Apple (NASDAQ: APPL) has had a great 2018.

Even as the other FAANG stocks slumped, the trillion-dollar electronics company has continually satisfied Wall Street with quarter-over-quarter revenue growth. But will Apple’s momentum continue after it reports its fourth-quarter earnings on Thursday?

The consensus, so far, is yes. Apple is expected to post revenue of $61.43 billion (earnings per share of $2.78), an increase of 17 percent year-over-year and GAAP EPS of $2.78, according to analysts polled by FactSet. Investors will be paying close attention to iPhone unit sales, which account for the majority of Apple’s revenue, as well as Mac sales, which accounted for roughly 10 percent of the company’s revenue in Q3.

The company reported its Q3 earnings on July 31, posting $53.3 billion in revenue, its best June quarter ever and fourth consecutive quarter of double-digit revenue growth, the company said.

At today’s hardware event in Brooklyn, Apple’s chief executive officer Tim Cook shared that the company’s Mac business had grown to 100 million monthly active users — a big accomplishment for the nearly 10-year-old product. Cook also showcased the new MacBook Air and introduced the new iPad Pro and Mac Mini.

Not even Lana Del Rey’s surprise performance at the event was enough to rile up Wall Street. Apple’s stock was unreactive today, as is typically the case with hardware spectacles like these. Apple ultimately closed up about .5 percent. That’s a better outcome than its last hardware event in September, which despite the highly anticipated announcements of the iPhone XS and Apple Watch Series 4, forced the company’s stock down about 1.2 percent on the news.

Apple’s stock performance year to date

Year to date, Apple’s stock has risen more than 30 percent from a February low of $155 per share to an October high of $229.

If it fails to meet analyst expectations on Thursday, it’s bad news for the stock market: “Apple is the last domino standing,” Market Watch wrote earlier today. “Its FAANG brethren have all crashed, even the mighty Amazon, which has slumped about 25% from all-time highs.”

If you missed today’s event, we live-blogged the whole thing here and detailed all the new hardware here.

Apple Fall Event 2018

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iFixit finds dust covers in latest MacBook Pro keyboard

Posted by | Apple, apple inc, apple keyboard, Computer Hardware, computing, Gadgets, Keyboard, macbook, macintosh, Steve Jobs | No Comments

Apple released a refreshed MacBook Pro this week and top among the new features is a tweaked keyboard. Apple says its quieter than the last version and in our tests, we agree. But iFixit found something else: thin, silicone barriers that could improve the keyboard’s reliability.

This is big news. Users have long reported the butterfly switch keyboard found in MacBook Pros were less reliable than past models. There are countless reports of dust and lint and crumbs causing keys to stick or fail. Personally, I have not had any issues, but many at TechCrunch have. To date Apple has yet to issue a recall for the keyboard..

iFixit found a thin layer of rubberized material covering the new butterfly mechanism. The repair outlet also points to an Apple patent for this exact technology that’s designed to “prevent and/or alleviate contaminant ingress.”

According to Apple, which held a big media unveiling for new models, the changes to the keyboard were designed to address the loud clickity-clack and not the keyboard’s tendency to get mucked up by dust. And that makes sense, too. If Apple held an event and said “We fixed the keyboards” it would mean Apple was admitting something was wrong with the keyboards. Instead Apple held an event and said “We made the keyboards quieter” admitting the past keyboards were loud, and not faulty.

We just got our review unit and will report back on the keyboard’s reliability after a day or two at the beach. Because science.

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Next iPhone could be available in grey, white, blue, red and orange

Posted by | analyst, Apple, apple inc, electronics, Gadgets, iOS, iPhone, iphone 5s, iPhone SE, LG, macintosh, ming-chi kuo, oled, Samsung, smartphone, technology, Video | No Comments

According to a supply chain report, Apple is preparing to release three iPhone lines this fall. One, a 5.8-inch iPhone X with improved specs and lower price. Two, a new 6.5-inch iPhone X Plus with an OLED screen. And three, a 6.1-inch iPhone with Face ID, which is said to come in a variety of colors including grey, white, blue, red and orange.

Ming-Chi Kuo reports, via 9to5mac, that the 6.5-inch iPhone X Plus is said to take the $1000 price point from the iPhone X. This will cause the next iPhone X to be less expensive than its current incarnation. The colorful 6.1-inch iPhone will be the least expensive model with a price tag around $700. Information about storage was not included in the report.

The least-expensive iPhone is said to resemble the iPhone X and include FaceID though Apple might concede the dual-camera option to the higher price models. The analyst expects this $700 option to account for 55% of new iPhone sales and increase through 2019.

If the part about the colors is correct, Apple is set introduce a slash of color to the monochrome phone market. Currently, phones are mostly available in greys and blacks with most vendors offering a couple of color options through special editions. That’s boring. Apple tried this in the past with its budget-minded iPhone 5c. Making its best-selling model available in colors is a distinct shift in strategy. It’s highly likely other firms such as Samsung and LG will follow the trend and push the smartphone world into a rainbow of colors.

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Apple iPhone sees first YOY sales dip ever

Posted by | aapl16q2, Apple, apple inc, apple tv, iOS, iPhone, iphone 5c, macintosh, Mobile, siri, TC, Touch ID | No Comments

iPhoneSEbottom For the first time in its history, the iPhone is experiencing a drop in sales. In 2015 at this same time, Apple sold 61 million units of the iPhone. This year, for the period ending March, Apple only sold 51.2 million units, representing a 16 percent YOY drop. This shouldn’t come as a surprise for most folks who know that we are close to (if not already at) peak iPhone levels. There… Read More

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3D Touch Is Apple’s New Secret Weapon

Posted by | apple inc, apple store, Gadgets, iOS, iPad, iPhone, iPod touch, macintosh, multi-touch, Samsung Electronics, TC | No Comments

3d touch lock screen I’m here to praise Apple again. Sorry. I have to do it. It’s not in my contract nor am I paid to do it – imagine if we were! We’d be rich! – but after manhandling the iPhone 6S Plus it’s abundantly clear that Apple has discovered another breakthrough. And they are surprisingly nonchalant about it. Apple’s first interface breakthrough happened when… Read More

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