iPhone 16 Pro and iPhone 16 Pro Max models launching in 2024 will feature around 6.3-inch and 6.9-inch display sizes, respectively, according to oft-accurate display industry analyst Ross Young of Display Supply Chain Consultants. Young informed MacRumors that the 6.3-inch and 6.9-inch display sizes are rounded up. In response to our news story, Young said he will reveal the actual sizes to two decimal places during his speech at the Display Week conference in Los Angeles on May 23. These would be the largest-ever display sizes for the iPhone. The current iPhone 14 Pro and iPhone 14 Pro Max models are equipped with 6.1-inch and 6.7-inch display sizes, respectively, and these sizes are not expected to change with the iPhone…
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…
Macworld If there’s one Apple product we’re counting on showing up at WWDC, it’s the 15-inch MacBook Air. Rumored for more than a year, all signs are pointing to an imminent release—and it looks like store shelves are going to be ready for it. According to a report from DigiTimes, Apple sellers have “already begun stocking up” on 15-inch MacBook Airs ahead of its expected launch on June 5. DigiTimes doesn’t have the best track record for rumors, but it has a solid grasp on supply chain and production channels. This suggests Apple will offer the laptop for sale immediately following the announcement with no preorder period, as is customary with new Mac launches. During last year’s WWDC, Apple announced the M2…
The calendar has flipped to May, which means WWDC is right around the corner. There continues to be lots to talk about as far as rumors and expectations on both the software and hardware sides, so buckle up! This week also saw a few somewhat unusual software updates from Apple, including the first-ever public Rapid Security Response updates, as well as an acknowledgment that recent firmware updates for various AirPods and Beats models address a security issue that could allow hackers access to your earphones. That's not all though, so read on for all the details on these stories and more! One Month Until WWDC 2023: Here's What's Coming WWDC 2023 is now just under a month away, and rumors…
Apple once again beat analysts’ consensus expectations on Thursday, showing off the world’s most valuable company’s resilience in a slowing global economy thanks to stronger-than-expected iPhone sales and notable inroads in India and other emerging markets. Stephen Nellis for Reuters: Apple executives on Thursday said gross profit margins for the current quarter would be better than forecast despite an expected dip in revenue as supply-chain issues have improved. Apple said sales for its fiscal second quarter ended April 1 fell 2.5% to $94.8 billion, ahead of expectations for a 4.4% decline, according to Refinitiv data. Profit was flat at $1.52 per share, compared with estimates of $1.43 per share. iPhone sales were up 1.5% to $51.3 billion, besting expectations for…
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…
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