•   
  •   
  •   

Technology Apple's Q2 crushes estimates as iPhone, Mac, iPad sales surge; Apple now has 660 million subscriptions

02:20  29 april  2021
02:20  29 april  2021 Source:   zdnet.com

Apple seeds iOS 14.5 beta 3 and iPadOS 14.5 beta 3 to developers

  Apple seeds iOS 14.5 beta 3 and iPadOS 14.5 beta 3 to developers It came much later in the day than usual, but Apple rolled out the latest iOS and iPadOS developer betas on Tuesday, exactly two weeks after the last betas were released. We're still waiting to find out what exactly iOS 14.5 beta 3 brings to the table, but we know that iOS 14.5 is primed to be one of the bigger releases of this cycle. Previous betas have revealed that iOS 14.5 will include an "Unlock with Apple Watch" feature that allows ApplePrevious betas have revealed that iOS 14.

Apple's MacBook lineup with M1 is delivering record fiscal second quarter sales as the company crushed expectations with 54% revenue growth.

a laptop computer © ZDNet

The company's iPhone, iPad and Mac lineups are producing strong growth. The company reported second quarter earnings of $1.40 a share on revenue of $89.6 billion, up 54% from a year ago.

International sales are 67% of Apple's total revenue.

Analysts modeled Apple delivering second quarter sales of $77.35 billion with non-GAAP earnings of 99 cents a share.

  • Apple's new privacy feature will change the web. And not everyone is happy about it
  • iOS 14.5 arrives with controversial privacy feature, Face ID improvements and new voices for Siri
  • The best Mac in 2021: Which iMac, MacBook, or Mac Mini is right for you?
  • The best iPad in 2021: Which iPad model should you buy?

CEO Tim Cook said the company "is in a period of sweeping innovation across our product lineup." Apple recently launched its new iMac and iPad Pro with M1 silicon.

iPhone 13: Release date, features, leaks, and rumors

  iPhone 13: Release date, features, leaks, and rumors We're still several months away from a formal announcement, but that doesn't stop leaks and rumors. Here's what we know."Sydney, Australia - November 4, 2011: Apple Computers logo and shoppers at the Apple Store in Sydney, Australia.

Apple's second quarter comparisons were relatively easy given that they lapped COVID-19 shutdowns a year ago. Apple saw strong growth in each of its regions.

iPhone second quarter revenue was $47.94 billion, up from $28.96 billion a year ago. iPad sales were $7.8 billion, up from $4.37 billion a year ago. Mac sales were $9.1 billion, up from $5.35 billion a year ago.

Wearables led by Apple Watch delivered sales of $7.84 billion, up from $6.28 billion. Services sales were $16.9 billion, up from $13.35 billion a year ago.  Regarding services, Apple CFO Luca Maestri said the company now has 660 million subscriptions across its platform.

Apple also said it is raising its dividend 7% and plans to increase payouts annually going forward.

As for the outlook, Maestri didn't provide revenue guidance, but did say supply constraints will hurt sales in the June quarter. Maestri said:

The iPad is perfect for art, games and movies, but Apple wants more

  The iPad is perfect for art, games and movies, but Apple wants more The pandemic has reminded people how important it is to have a keyboard, mouse or trackpad to get work done. The iPad's still working on that.Instead, I've joined the millions of Apple customers who use their $329-starting price iPads for entertainment. It's been my movie machine and what let me binge Netflix's Tiger King documentary when the coronavirus pandemic began. It has helped me organize photos of my adorable children. And it's where I've rediscovered old favorite games like 2001's bullet-time noire action game Max Payne.

Given the continued uncertainty around the world in the near term, we are not providing revenue guidance, but we are sharing some directional insights assuming that the COVID-related impacts to our business do not worsen from what we are seeing today for the current quarter. We expect our June quarter revenue to grow strong double digits year-over-year. However, we believe that the sequential revenue decline from the March quarter to the June quarter will be greater than in prior years for 2 reasons. First, keep in mind that due to the later launch timing and strong demand, iPhone only achieved supply-demand balance during the March quarter. This will cause a steeper sequential decline than usual. Second, We believe supply constraints will have a revenue impact of $3 billion to $4 billion in the June quarter. We expect gross margin to be between 41.5% and 42.5%. We expect OpEx to be between $11.1 billion and $11.3 billion.

Flower Power: 25 Pot-repreneurs Who Are Invested in Cannabis and CBD Businesses

  Flower Power: 25 Pot-repreneurs Who Are Invested in Cannabis and CBD Businesses Every week it seems another celebrity announces the launch of a new cannabis brand. What started with Snoop Dogg and Willie Nelson in 2015 has gone mainstream; Magic Johnson and Jane Fonda are CBD brand ambassadors now. With the continuing passage of legalization in states across the nation, more such brands will hit the market.

On an earnings conference call, Cook said:

  • "We saw a very strong performance for iPhone, which grew 66% year-over-year driven by the strong popularity of the iPhone 12 family. This family of devices is popular with both upgraders and new customers alike."
  • "Over the past year, tens of millions of iPads and Macs have been deployed to help students learn, creators create. and to enhance remote work in all of its forms. This has helped iPad grow very strong double digits to its highest March quarter revenue in nearly a decade. On Mac, fueled by the M1, we set an all-time revenue record continuing the momentum for the product category. In fact, the last 3 quarters for Mac have been its 3 best quarters ever."
  • "We continue to deploy industry-leading new tools to protect users' fundamental right to privacy. In addition to the App Store privacy nutrition labels that we discussed on last quarter's call, we're proud to have launched the full implementation of App Tracking Transparency. This powerful yet simple idea gives users a choice over how their data is used and shared across the apps that they love and use every day."
table © Provided by ZDNet

apple's field trip

  • Apple's 9.7-inch iPad for students: Price, release date, specs, and features
  • Apple event: First pictures of the iPad field trip
  • iPad with Apple Pencil support, $299 for schools, aimed at Chromebook
  • Apple event: See the new iPad (pictures)
  • How Apple, Google, Microsoft stack up in education technology: Hardware, software and deployment
  • Apple's education event has elephant in the room named Google
  • CNET: Live event coverage

Apple iOS 14 cheat sheet: Everything you need to know .
Features and enhancements in iOS 14 include App Clips, Picture in Picture video mode, translation support in Siri, widgets, and COVID-19 Exposure Notifications.This iOS 14 cheat sheet details what developers and users need to know about the operating system and covers the redesigned Home Screen, App Clips, Car Play features, and more. This article will be updated with the latest information about iOS 14.

usr: 0
This is interesting!