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WWDC will show once and for all whether Apple still cares about the Mac

tigaman webdesign — Sun, 28 May 2023 23:35:27 +0000

Say, did you hear the rumor about iOS 17 from, oh, perhaps five minutes ago? Your news feed probably has a recent report about what’s coming soon for the iPhone –if not from five minutes ago, then maybe from the past few hours, or at the most, a day or two.

Reading about iOS 17 is nice and all, but as a Mac editor, what I look for in my news feed are juicy macOS rumors, something that tells us what we could see in the next version, macOS 14. And if my news feed could produce special effects based on its contents, it’d play chirping crickets. Our macOS 14 news hub has nothing. Okay, not exactly nothing, but as close to nothing as we can get–the most substantial rumor is a report from Bloomberg’s Mark Gurman claiming macOS 14 won’t have anything “groundbreaking or significant” and that it will instead bring over more iOS features.

The chirping crickets just gave way to the sad trombone.

This looks to be setting up for macOS to have such a small presence at WWDC that it’s starting to feel like an afterthought. This isn’t a new phenomenon—the last several WWDC keynotes have been a veritable wasteland for Mac-only features. We understand that the iPhone, iPad, even Apple Watch are more important products than the Mac, but it doesn’t cost much to throw Mac users a bone every once in a while. Sure Apple does bring new Macs pretty regularly, but look no further than the last several years of updates to see how utterly indifferent Apple is about macOS:.

macOS 13 Ventura: Stage Manager, Continuity Camera

At last year’s WWDC, macOS 13 Ventura had some major new features, but the two marquee features are tied to the iPhone and iPad. Stage Manager is really built for the iPad and seemed to be added to Ventura out of a need to create unity between the Mac and the iPad. Meanwhile, Continuity Camera is a great feature that fixes the terrible MacBook webcams but is really more of an iPhone feature than a Mac one. Ventura also provides new support for iCloud Shared Photo Libraries and Safari Passkeys, but those were new across Apple’s platform. Even the new Clock and Home apps are basically iPad imports. Oh, and we also got System Settings, which made System Preferences worse.

Apple made a big deal about Stage Manager in macOS Ventura, but does anyone use it on the Mac.

Apple

macOS 12 Monterey: Universal Control

The macOS 12 Monterey section of the WWDC 2021 keynote showcased Universal Control, a magical feature that allows the user to use one Mac to control additional Macs and iPads. It’s a feature I use all the time to this day, and every time I use it, I quickly marvel at how damn cool a feature it is, because it’s so easy to implement and it just works. But it’s really an iPad feature.

But besides Universal Control, the updates in Monterey were good, but not great: SharePlay, Quick Note, AirPlay to Mac, Live Text, and others. The Universal Control presentation at the keynote actually provided camouflage for the rest of the macOS demo, which didn’t have a lot.

macOS 11 Big Sur: iOS on the Mac

With macOS 11 Big Sur, Apple put most of its effort into refining the user interface. Big Sur introduced Control Center, which originated in iOS. Apple used its Catalyst technology to bring iOS and iPadOS apps such as Maps and Messages–that unify the look and feel of those apps across all of Apple’s platforms, which is nice. But again, nothing was nothing major that was Mac-specific, and if anything it diluted the UI elements that make the Mac different and great.

Control Center is a great feature, but it needs to do more on the Mac than it does on the iPhone

Apple

macOS 10.15 Catalina: Bye-bye iTunes

The biggest news out of macOS Catalina was the breakup of iTunes into three new apps: Music, Podcasts, and TV, which would soon become the main apps for Apple’s services. It also introduced Sidecar, which lets you use your iPad as a second display. And Catalyst gave developers the ability to quickly port iPhone and iPad apps to the Mac.

macOS 14: Does the Mac matter at all?

Perhaps Apple’s seeming indifference to macOS is just because it’s Apple’s oldest operating system running on devices that don’t change much, if at all. PCs (which includes Macs) do what they do, while mobile devices like an iPhone have varied and evolving uses depending on the model and user. So naturally, iOS requires more attention and effort.

But there’s still a lot that can be done on the Mac, more than just bringing in features and tweaks that unify Apple’s platforms. I made a wish list of macOS features, but it just lightly scratches the surface. How about finding ways to implement AI into macOS beyond Siri in a real way that helps us get work done? Or optimizations with the inner workings of macOS to improve battery life? Or how about an app that can serve as a central point for managing all of our Apple devices? With cutting edge hardware and chips, the possibilities for the Mac are bountiful, and there are plenty of ways Apple can make the Mac a priority again–and it would give us something to look forward to other than a new name and wallpapers.

MacOS

With another boring update on the way, does Apple care about macOS anymore?

tigaman webdesign — Thu, 25 May 2023 11:15:00 +0000

Macworld

The chirping crickets just gave way to the sad trombone.

macOS 13 Ventura: Stage Manager, Continuity Camera

At last year’s WWDC, macOS 13 Ventura had some major new features, but the two marquee features are tied to the iPhone and iPad. Stage Manager is really built for the iPad and seemed to be added to Ventura out of a need to create unity between the Mac and the iPad. Meanwhile, Continuity Camera is a great feature that fixes the terrible MacBook webcams but is really more of an iPhone feature than a Mac one. Ventura also provides new support for iCloud Shared Photo Libraries and Safari Passkeys, but those were new across Apple’s platform. Even the new Clock and Home apps are basically iPad imports. Oh and we also got System Settings, which made System Preferences worse.

Apple made a big deal about Stage Manager in macOS Ventura, but does anyone use it on the Mac.

Apple

macOS 12 Monterey: Universal Control

macOS 11 Big Sur: iOS on the Mac

Control Center is a great feature, but it needs to do more on the Mac than it does on the iPhone

Apple

macOS 10.15 Catalina: Bye-bye iTunes

macOS 14: Does the Mac matter at all?

Perhaps Apple’s seeming indifference to macOS is just becaue it’s Apple’s oldest operating system running on devices that don’t change much, if at all. PCs (which includes Macs) do what they do, while mobile devices like an iPhone have varied and evolving uses depending on the model and user. So naturally, iOS requires more attention and effort.

But there’s still a lot that can be done on the Mac, more than just bringing in features and tweaks that unify Apple’s platforms. I made a wish list of macOS features, but it just lightly scratches the surface. How about finding ways to implement AI into macOS beyond Siri in a real way that helps us get work done? Or optimizations with the inner workings of macOS to improve battery life? Or how about an app that can serve as a central point for managing all of our Apple devices? With cuttingedge hardware and chips, the possibilities for the Mac are bountiful, and there are plentyof ways Apple can make the Mac a priority again–and it would give us something to look forward to other than a new name and wallpapers.

MacOS

Apple’s iPhone strength in reopening China drove stock performance – analyst

tigaman webdesign — Mon, 08 May 2023 22:01:02 +0000

Tom Forte, DA Davidson managing director and senior research analyst, joins CNBC’s “Squawk on the Street” to discuss the most important reason for Forte’s Apple upgrade, iPhone strength in reopening China, if iPhone will continue taking share from Android, and much more.

Apple last week announced financial results for its fiscal 2023 second quarter ended April 1, 2023. The Company posted quarterly revenue of $94.8 billion, down 3 percent year over year, and quarterly earnings per diluted share of $1.52, unchanged year over year.

“We are pleased to report an all-time record in Services and a March quarter record for iPhone despite the challenging macroeconomic environment, and to have our installed base of active devices reach an all-time high,” said Apple CEO Tim Cook in a statement. “We continue to invest for the long term and lead with our values, including making major progress toward building carbon neutral products and supply chains by 2030.”

“Our year-over-year business performance improved compared to the December quarter, and we generated strong operating cash flow of $28.6 billion while returning over $23 billion to shareholders during the quarter,” said Luca Maestri, Apple’s CFO, in a statement. “Given our confidence in Apple’s future and the value we see in our stock, our Board has authorized an additional $90 billion for share repurchases. We are also raising our quarterly dividend for the eleventh year in a row.”

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Apple Q2 2023 earnings: Mac sales way down while Services sets a new record

tigaman webdesign — Thu, 04 May 2023 21:18:06 +0000

Macworld

Apple on Thursday announced its second quarter 2023 earnings, posting revenue of $94.8 billion for the quarter, a 3 percent decline year over year, and quarterly earnings per diluted share of $1.52, which is unchanged from last year.

Apple beat the expectations of analysts that predicted revenue of $92.96 billion and $1.43 earnings per share.

Mac sales took the biggest hit, posting net revenue of $7.2 billion, a 31 percent decrease compared to the same quarter last year. iPad revenue was also down 13 percent to $6.7 billion. Apple did say, however, that the Mac and iPad reached all-time highs for their installed bases worldwide, but the company did not provide numbers.

Apple’s Wearables, Home and Accessories sales were flat, with $8.76 billion this quarter, compared to $8.8 billion.

However, Apple’s Services continue to grow, with net revenue this quarter of $20.9 billion, a new all-time record for the company and up from 5.5 percent from Q2 2022. iPhone net revenue grew 1.5 percent and set a March quarter record.

“We are pleased to report an all-time record in Services and a March quarter record for iPhone despite the challenging macroeconomic environment, and to have our installed base of active devices reach an all-time high,” Apple CEO Tim Cook said in a press release. “We continue to invest for the long term and lead with our values, including making major progress toward building carbon neutral products and supply chains by 2030.”

Here’s how the quarter ended for Apple:

iPhone: $51.3 billion (up from $50.6 billion)
iPad: $6.7 billion (down from $7.6 billion)
Mac: $7.2 billion (down from $10.4 billion)
Wearables: $8.76 billion (down from $8.8 billion)
Services: $20.9 billion (up from $19.8 billion)

As for guidance for the third quarter 2023, Apple expects results similar to Q2, assuming conditions do not change.

Apple

MacDailyNews presents live notes from Apple’s Q223 conference call

tigaman webdesign — Thu, 04 May 2023 20:47:01 +0000

MacDailyNews presents live notes from Apple’s Q223 Conference Call with analysts starting at 2pm PDT / 5pm EDT today, May 4, 2023.

This stream is best experienced on an iPhone 7 or later, iPad (5th generation or later), or iPod touch (7th generation) using Safari on iOS 12 or later; or a Mac using Safari on macOS Mojave 10.14 or later. Streaming to your TV requires an AirPlay 2–capable device, or via AirPlay to an Apple TV (2nd generation or later) with the latest Apple TV software or tvOS. Other platforms may also be able to access the stream using recent versions of Chrome, Firefox, or Microsoft Edge (MSE, H.264, and AAC required).

Apple’s live conference call webcast will begin at 2pm PDT / 5pm EDT here.

Apple today posted quarterly revenue record of $94.836 billion (vs. $97.278 billion YOY), down 3 percent year over year, and quarterly earnings per diluted share of $1.52 (vs. $1.52 YOY).

For the quarter, analysts’ consensus estimates (per Refinitiv) called for Apple to report EPS of $1.43 EPS (vs. $1.52 actual) on revenue of $92.960 billion (vs. $94.835 billion actual).

Live notes:

• AAPL After hours: $169.15 +$3.36 (+2.03%) @ 06:00PM EDT

• End of conference call

• Cook: I think we can do better on everything, so I wouldn’t single out just one segment; there’s opportunity in many of them
• Greatest Service opportunity?

• Cook: I don’t see Apple participating directly, but would be a beneficiary indirectly as Apple’s chip making partners partcipate and increase capacity
• Apple is one of the largest chip companies; is the company a benefactor of the Chip Act?

• Cook: Feedback for Apple Pay Later and Savings have both been “really good.”
• Apple Pay Later?

• In the June quarter last year, iPhone SE and iPad Air both launched
• Luca: we expect our revenue performance for the June quarter to be similar to that of the March quarter

• Luca: Component pricing is expected to be favorable in the June quarter
• Q: Component pricing?

• Cook: China revenue grew on a constant currency basis; Apple pleased with China performance; four of the top five bestselling smartphones in Urban China are iPhones; Apple gained smartphone share in Q2 in China; Services hit an all-time quarterly record in the country
• Q: China repopening effect on demand?

• Cook: I think there’s a good opportunity across the borad from prosuct to Services in India
• Q: Potential for Services in India?

• Cook: Those are internal numbers. Enterprise business is growing; Apple is focused on BYOD companies; Apple is primarily a consumer company based on revenues
• Q: How much of Apple revene comes from consumer vs. enterprise?

• Cook: Each country is different, so I hesitate to compare too much; I do see a lot of people entering the middle class in India; Appel wants to convince them to buy an iPhone
• Q: What is Apple seeing in India today vs. China a decade ago?

• Luca: We are guiding to stable gross margins; foreign exchange expected to be flat on a sequential basis; seasonal loss of leverage will be offset by cost savings
• Q: Gross margins seem to be holding up; what’s driving the strength?

• Luca: Apple has great momentum in emerging markets, where there is much headroom for growth
• Q: Consumer spending trends?

• Luca: Macro environment is hurting digital advertising and mobile gaming (bit of a slowdown, especially due to tough compare from COVID lockdown years)
• In general, paid subscription in the App Store continue to grow
• Luca: Macroeconomic environment negatively affected advertising and mobile gaming in Q2, but other services continue to consistently grow
• Q: Services customers’ behavior changes?

• Cook: In Q2, emerging markets saw stellar demand
• Q: iPhone demand?

• Apple is very pleased with the initial uptake of Apple Savings accounts
• Cook: On our financial products, as with Apple Watch and health/fitness, we’re helping people have better financial health/fitness
• Q: Apple Pay, Apple Pay Later, Appel Savings expansion?

• Cook: We recaptured some, but it’s difficult to quantify
• Q: Product mix for iPhone? Recapture deferred sales from previous quarter?

• Over the past few years, despite COVID, chip shortages. etc. the supply chain has been incredibly resilient
• We’ll continue to invest everywhere and optimize the supply chain everywhere
• Cook: Our supply chain is truly global and we are invsting all over the world
• Q: Moving production out of China?

• Cook: We view A.I. as huge and we’ll continue weaving it into our products on a very thoughtful basis
• AI is weaved into many Apple products: Fall detection, crash detection, etc.
• Cook: We don’t comment on product roadmaps.It is important to be deliberative on these things
• Q: Artificial Intelligence, especially generative AI?

• Cook: We try really hard to design our product so that they work seamlessly together, so there are a good deal of people out there who have multiple Apple devices
• Q: Monetization per user?

• AAPL After hours: $169.02 +$3.23 (+1.95%) @ 05:31PM EDT

• Cook: iPhone base is well over a billion active devices
• Cook: Installed base of active devices is over 2 billion; we set new record across each geographic segment in each of the major product categories
• Q: Record installed base in active devices?

• Apple sees a great opportunity in emerging markets
• In India, there are a lot of people coming into the middle class; Cook believes the country is at a tipping point
• Apple has a number of channle partners in the country as well; very happy with how that’s going
• Cook: We set a quarterly record in India in Q2; it’s a major focus for us
• Q: Emerging markets, especially India?

• Production levels during Q2 were where we wanted them to be
• Cook: Hard to quantify; we did recapture some amount of sales last quarter
• Q: How should we think about deferral of demand vs. destruction of demand from China’s shutdowns late last year?

• The dividend is payable on May 18, 2023 to shareholders of record as of the close of business on May 15, 2023
• Apple’s board of directors has declared a cash dividend of $0.24 per share of the company’s common stock, an increase of 4 percent

• Apple expects gross margin of 44.0-44.5% in June quarter

• The board of directors has also authorized an additional program to repurchase up to $90 billion of the Company’s common stock

• Net cash: $57 billion
• Total debt of $110 billion
• Ended quarter with $166 billion in cash and marketable securities
• Maestri touts Apple’s performance in the enterprise

• Over 975 million paid subscriptions across all Services, nearly double that of 3 years ago
• Apple installed base: Over 2 billion active devices
• Continued growth in Services is a reflection of Apple’s ecosystem

• During the quarter, Apple Watch installed base reached an all-time high
• Over half of iPad purchasers were new to the product
• iPad face tough YoY compare and headwinds from the macroeconomic envirnment
• During the quarter, Mac installed base reached an all-time high
• During the quarter, iPhone installed base reached an all-time high
• Challenging macro environment
• Net income $24.2 billion

• 71% services gross margin
• 36.7% products gross margin

• Services set an all-time quarterly record
• During the quarter, our installed base of active devices reached an all-time high
• $73.9 billion product revenue
• Luca: Foreign exchange had a negative impact of over 5 percentage points

• Cook promotes Apple’s use of recycled products
• Cook lauds Apple’s commitment to “carbon removal” and becoming “carbon neutral”
• Cook touts Apple values, being a “force for progress,” “culture of belonging”
• First two Apple Retail Stores opened in India

• Apple Pay Later and Apple Savings launched during the quarter

• Cook promotes Apple Music Classical

• Friday Night Baseball returned for a new MLB season
• First season of MLS partnership is underway. MLS Season Pass

• Cook touts Apple TV+ series and films
• More than 975 million paid subs
• Services: $20.907 billion (vs. $19.821 billion YoY)

• Wearables, Home and Accessories: $8.757 billion (vs. $8.806 billion YoY)

• iPad revenue impacted due to macroeconomic challenges, foreign exchange rates, and difficult compare with M1 iPad Air having been introduced last year
• iPad: $6.670 (vs. $ 7.646 billion YoY)

• Very difficult Mac compare due to M1 rollout last year
• Mac: $7.168 billion (vs. $10.435 billion YoY)

• Emergency SOS via satellite expanded to total of 12 countries
• iPhone: $51.334 billion (vs. $50.570 billion YoY)
• During the quarter, our installed base of active devices reached an all-time high
• Macroeconomic headwinds impact of more than 500 basis points
• We are pleased with our performance in emerging markets, setting quarterly records in several
• Cook: We are pleased to report an all-time record in Services and a March quarter record for iPhone despite the challenging macroeconomic environment

• AAPL After hours: $167.77 +$1.98 (+1.19%) @ 5:00PM EDT
• AAPL After hours: $167.30 +$1.51 (+0.91%) @ 4:55PM EDT
• AAPL After hours: $166.84 +$1.05 (+0.63%) @ 4:46PM EDT

The post MacDailyNews presents live notes from Apple’s Q223 conference call appeared first on MacDailyNews.

Apple Reports 2Q 2023 Results: $24.1B Profit on $94.8B Revenue, New March Quarter Record for iPhone Revenue

tigaman webdesign — Thu, 04 May 2023 20:38:07 +0000

Apple today announced financial results for its second fiscal quarter of 2023, which corresponds to the first calendar quarter of the year.

For the quarter, Apple posted revenue of $94.8 billion and net quarterly profit of $24.1 billion, or $1.52 per diluted share, compared to revenue of $97.3 billion and net quarterly profit of $25.0 billion, or $1.52 per diluted share, in the year-ago quarter.

Apple set a new all-time record for Services revenue at $20.9 billion and a new March quarter record for iPhone revenue at $51.3 billion, but the Mac in particular saw a significant year-over-year decline in quarterly revenue, falling from $10.4 billion to $7.2 billion.

Gross margin for the quarter was 44.3 percent, compared to 43.7 percent in the year-ago quarter. Apple’s board of directors also authorized an additional $90 billion for share repurchases and declared an increased dividend payment of $0.24 per share, up from $0.23 per share. The dividend is payable May 18 to shareholders of record as of May 15.

“We are pleased to report an all-time record in Services and a March quarter record for iPhone despite the challenging macroeconomic environment, and to have our installed base of active devices reach an all-time high,” said Tim Cook, Apple’s CEO. “We continue to invest for the long term and lead with our values, including making major progress toward building carbon neutral products and supply chains by 2030.”

As has been the case for three years now, Apple is once again not issuing guidance for the current quarter ending in June.

Apple will provide live streaming of its fiscal Q2 2023 financial results conference call at 2:00 p.m. Pacific, and MacRumors will update this story with coverage of the conference call highlights.

Conference call starts at 2:00 p.m. Pacific – No need to refresh

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Tag: Earnings

This article, "Apple Reports 2Q 2023 Results: $24.1B Profit on $94.8B Revenue, New March Quarter Record for iPhone Revenue" first appeared on MacRumors.com

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Apple beats Street with second quarter results

tigaman webdesign — Thu, 04 May 2023 20:31:49 +0000

Apple today announced financial results for its fiscal 2023 second quarter ended April 1, 2023. The company posted quarterly revenue of $94.8 billion, down 3 percent year over year, and quarterly earnings per diluted share of $1.52, unchanged year over year.

“We are pleased to report an all-time record in Services and a March quarter record for iPhone despite the challenging macroeconomic environment, and to have our installed base of active devices reach an all-time high,” said Tim Cook, Apple’s CEO, in a statement. “We continue to invest for the long term and lead with our values, including making major progress toward building carbon neutral products and supply chains by 2030.”

Net sales by category

• iPhone: $51.334 billion (vs. $50.570 billion YoY)
• Services: $20.907 billion (vs. $19.821 billion YoY)
• Wearables, Home and Accessories: $8.757 billion (vs. $8.806 billion YoY)
• Mac: $7.168 billion (vs. $10.435 billion YoY)
• iPad: $6.670 (vs. $ 7.646 billion YoY)

Apple will provide live streaming of its Q2 2023 financial results conference call beginning at 2:00 p.m. PT on May 4, 2023 at apple.com/investor/earnings-call. The webcast will be available for replay for approximately two weeks thereafter.

Prior to Apple’s earnings report, the analysts’ consensus EPS estimate, according to Refinitiv, stood at: $1.43 EPS (vs. $1.52 actual) on revenue of $92.96 billion (vs. $94.8 billion actual). iPhone revenue was projected at $48.66 billion, Services at $21.0 billion, Wearables, Home and Accessories at $8.3 billion, Mac revenue at $7.8 billion, iPad revenue at $6.7 billion, according to FactSet.

Apple’s board of directors has declared a cash dividend of $0.24 per share of the company’s common stock, an increase of 4 percent. The dividend is payable on May 18, 2023 to shareholders of record as of the close of business on May 15, 2023. The board of directors has also authorized an additional program to repurchase up to $90 billion of the Company’s common stock.

MacDailyNews Take: Crystal ball check:

We predict $90 billion in buybacks and a $0.24 per share dividend. – MacDailyNews, April 17, 2023

MacDailyNews Note: We will be covering Apple’s conference call with live note beginning at 2:00 p.m. PT / 5:00 p.m. ET. (see article link on our home page).

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