The market shouldn't pay too much attention to how much of TSMC's 5nm production is utilized by Apple, TF Securities analyst Ming-Chi Kuo suggests, with changes in production likely to be more due to seasonality than unexpectedly low iPhone 12 demand.
Apple is getting closer to being able to offer a bundle combining its hardware and software services in a single package, Loup Ventures analysts believe, suggesting the company may provide more options for consumers to acquire an iPad, Mac, or Apple Watch via a hardware subscription.
The iPhone 12 and iPhone 12 Pro "supercycle" is currently underway for Apple, according to supply checks carried out by investment firm Wedbush.
Investment bank JP Morgan is tracking what appears to be higher demand for the iPhone 12 Pro than its cheaper iPhone 12 counterpart.
Despite ongoing challenges in the world, Apple has once again reported stellar revenue in its latest quarterly results. Here's a graphical breakdown of how Apple's finances fared and changed over the quarters and the years.
Apple has published its fourth fiscal quarter of 2020 results, breaking all of the company's fourth fiscal quarter records. Here are some notes of interest from the report, including remarks from Apple CEO Tim Cook and Chief Financial Officer Luca Maestri surrounding the particulars of the report.
Apple's revenue in the fourth and final quarter of the fiscal year 2020 reached $64.7 billion, the iPhone maker revealed on Thursday, with the quarter also resulting in Apple's highest annual revenue figure.
Cowen expects Apple to report September quarter earnings in line with Wall Street consensus, but adds that the iPhone 12 and holiday seasonality could bolster the following quarter.
Investment bank JP Morgan is expecting Apple to report September quarter earnings results that modestly beat expectations and for continued guidance upside into the iPhone 12 cycle.
Piper Sandler is raising its iPhone 12 estimates for the December quarter because of heavy carrier promotions that it believes will drive demand for the new handsets.
Morgan Stanley is warning investors of a potential iPhone revenue miss for the September quarter but continues to believe that the iPhone 12 will drive growth in the future.
Ahead of Apple's "iPhone 12" event on Oct. 13, Morgan Stanley is raising its iPhone estimates on new average selling price (ASP) analysis and iPhone build data.
Apple on Thursday announced that its quarterly earnings call for the fourth fiscal quarter of 2020 will be held on Oct. 29, where CEO Tim Cook and CFO Luca Maestri are expected to detail the company's health heading into what is typically a lucrative fall season.
Investment bank JP Morgan expects Apple Fitness+ to bolster the value of the Apple One bundle, but notes that standalone adoption could take some time to ramp up.
Investment bank Piper Sandler raised its AAPL price target to $130 on the strength of a new slate of Apple products and services that address different aspects of the "new normal" during the COVID-19 pandemic.
Investment bank Wedbush says Apple's "Time Flies" event, focused on a new "Apple Watch Series 6" and "iPad Air 4," will help build anticipation for the "iPhone 12" keynote early in October.
Verizon is increasing its customer base by pushing into the low-income cellular market, by announcing an acquisition of major virtual mobile network Tracfone for more than $6 billion.
Softbank and Nvidia are reportedly close to making a deal over the sale of ARM Holdings, one that could be finalized in the next week and could see the British chip design firm handed over for more than $40 billion.
Investment bank Cowen sees Apple's decision to delay new iOS 14 privacy features as a net positive both for consumers and the relationship between Apple and developers.
Apple on Friday regained a market valuation above $2 trillion after briefly losing it Thursday in a large-scale tech industry stock sell-off.
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Malcolm Owen
Mike Peterson
Mike Wuerthele
Mikey Campbell
