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In another investors note released late Tuesday, Munster came up with a specific release date for the next-generation iPhone. "We believe the guide suggests a launch on the last Friday of September (9/26) vs. our prior thinking of a 9/19 launch," the analyst forecast. "This means Apple will only benefit from 5 days of iPhone 6 sales vs. 12 in our prior expectation."Munster also said he believes the much-rumored 5.5-inch iPhone will cannibalize sales of the iPad Mini. But Apple may not mind. Even if the larger-screened phone cannibalizes as many as 4 million iPad Mini units, Apple would still see an additional $1.2 billion in overall sales, according to the analyst.
Finally, Munster does expect Apple to introduce an iWatch and a possible mobile payments platform, But he concedes that his expectations for an Apple television set are waning and now sees it as more of iphone case gucci a long-term product, Based on Apple's predictions for the current quarter, analyst Gene Munster believes the new iPhone will roll out around the last week of September, The iPhone 6 may not appear until September is almost over, At least, that's the latest prognostication from Piper Jaffray analyst Gene Munster..
The Cupertino, Calif., electronics giant on Tuesday reported earnings in the fiscal third quarter that topped Wall Street expectations, but iPhone sales, revenue results, and fourth-quarter guidance weren't quite the blowout analysts had hoped for. It also reported disappointing iPad sales for the second period in a row. Apple CEO Tim Cook didn't mention the iPad during his comment in the company's press release but said "revenue was fueled by strong sales of iPhone and Mac and the continued growth of revenue from the Apple ecosystem, driving our highest EPS growth rate in seven quarters."For the current quarter, which ends in September, Apple expects revenue of $37 billion to $40 billion, slightly less than the $40.44 billion projected by analysts. It also anticipated a gross margin of 37 percent to 38 percent.
Analysts often look at fiscal fourth-quarter guidance as a sign for what sort of iPhone launch Apple anticipates, and it appears the company is staying conservative, The iPhone, which contributes to more than half of Apple's total revenue, serves as the lynchpin to its overall growth, particularly as the market awaits the widely speculated iWatch and as the iPad iphone case gucci struggles against lower-cost rivals and larger phones, The fiscal third quarter is an "off period" in between product announcements, Many market watchers expect Apple in September to introduce two new iPhone 6 models with display sizes of 4.7 and 5.5 inches, though some recent reports speculate one device could be released at a later date, Apple has asked manufacturing partners to produce 70 million to 80 million units of its larger screen iPhones by Dec, 30, The Wall Street Journal reported Monday, That's up from its initial order of 50 million to 60 million units of the iPhone 5S and 5C, the paper said..
"Tonight's conference call is of much less significance than past quarterly reports, as we believe investors are more focused on the 'Fab Fall' launch," said Cantor Fitzgerald analyst Brian White. Apple sold 35.2 million iPhones during the fiscal third quarter, helping the device remain its biggest moneymaker. Analysts, on average, had expected Apple to sell 35.9 million iPhones in the period, according to a calculation by Fortune. Apple sold 31.2 million iPhones in the year-ago period. It also sold 13.3 million iPads in the most recent quarter, down 9 percent from a year ago. Analysts expected the company to sell about 14.4 million iPads, Fortune said.
Apple in June split its stock 7-for-1 to make its shares more accessible to a larger number of investors, The move caused the company to adjust its previous financial results for comparison, Before the split, shares were trading around $650, and the stock, when adjusted for the split, has jumped about 25 percent since Apple announced the move during its last earnings report in April, Shares closed Tuesday at $94.72 and slipped half a percent to $94.24 in after-hours trading, Apple's results have been fueled by the iPhone for the past several years, but the company is facing more competition than ever before, Samsung and others are pressuring the company at the high end, while Apple is largely missing out iphone case gucci on the low end of the market, That's a big concern as more and more mobile sales come from emerging markets like China, where inexpensive phones from companies such as Huawei and ZTE are popular..
So far, though, Apple's customers have remained loyal, and it's attracting buyers despite offering devices that are nearly a year old. In April, Apple said it had nearly 800 million iTunes accounts, a number that Cook described at that time as "staggering." About a year earlier, Apple announced it had 575 million accounts. By comparison, Samsung earlier this month said its second-quarter operating profit likely fell about 24 percent from the previous year to 7.2 trillion won ($7.12 billion). It also said sales likely totaled 52 trillion won, a 9.4 percent decline. Both figures fell short of analysts' projections for the June period. The results would be Samsung's worst in about two years and the third straight quarterly profit decline. Samsung didn't disclose how many devices it sold, but it blamed its weak results on a slowdown in overall smartphone market growth and a strong Korean won.
Even though Apple's iPhone sales have been holding up, the pressure is on for Apple to release new devices that prove it still has that magic touch, Cook has promised several times over the past year that Apple would enter in 2014, And Eddy Cue, head of iTunes and the man behind Apple's $3 billion acquisition of headphone and streaming service Beats, iphone case gucci in May upped the ante by boasting that the consumer electronics giant is working on its " best product pipeline in 25 years." Until those items hit the market, Apple will need to keep pushing its current devices..