
Apple reports earnings after the bell
While the company usually doesn't have to work too hard to promote its new devices, today Apple released a roundup of the top favorable quotes from sites like CNET, The Verge and TechCrunch. Long lines were already forming outside Apple retail stores ahead of the Friday launch.
When contacted, a representative from iWorld from Kamla Nagar said they did not have any iPhone X stock yet.
Apple gave a gross margin forecast of 38 percent to 38.5 percent, higher than many analysts expected because new products often have higher costs.
Now all eyes are on the next quarterly result, which will have two months of sales of the X, and 3 months of the 8 and 8 Plus.
But this year, Apple shifted its sales strategy to introduce two new slightly improved models, the 8 and 8 Plus, and a third phone, the X. iPhone 8's went on sale September 22, but Apple held back the big guns for November 3, when the state-of-the art, $999 X hits store shelves.
Apple shook off some fears about waning iPhone sales, soaring past estimates for its fourth-quarter earnings and posting sales increases in every product category. "That's a few coffees a week".
Cook and Maestri said key factors in the growth of the Mac division included rising demand in China, as well as strong sales in the enterprise and education markets. "Less than a coffee a day at one of these nice coffee places".
A merchant at the Huaqiangbei electronics hub in Shenzhen, who was offering an iPhone look-a-like called the "E-Feng X" from 1,599 yuan, said sales volumes were "very good". The phone is instead unlocked with a so-called Face ID system, which uses a depth-sensing camera on the front of the phone to let the user unlock it with his or her face. Other Products includes the AirPods, Apple Watch, Apple TV, iPod touch, Beats headphones, and all other Apple-branded and third-party accessories.
Around 400 people lined up outside Apple's flagship Sydney branch to pay A$1,579 ($1,218) for the 10th-anniversary model, and Chief Executive Tim Cook has billed the glass and stainless steel device "the biggest leap forward since the original iPhone".
Cook stressed that the devices have been selling well, but admitted the staggered launch of two new iPhone models marks a new approach for the company with certain unknowns.
Even with the iPhone X's delayed release, Apple is still struggling to catch up. And the report barely raises the curtain on sales of the iPhone 8 series.
Apple still was able to blast through forecasts, reporting revenue of $52.6 billion, up 12% from the year ago quarter, and easily beating analyst expectations of $50.7 billion for the September-ending quarter collected by S&P Global Market Intelligence. Apple sold 10.3 million iPads, 46.7 million iPhones, and 5.4 million Macs during the quarter.
Related news
-
College Football Playoff announces championship sites for 2020-23 seasons
The playoff will be held in Miami in 2021, Indianapolis in 2022, Los Angeles (Inglewood) in 2023 and Houston in 2024. CFP Executive Director Bill Hancock said the goal was to play the first 10 CFP title games in different locations.Kim Kardashian's Aaliyah Costume Is Getting Dragged on Twitter
With her choice of dressing as a black artist, however, Kim Kardashian has the internet accusing her of racism. Her next look was Madonna and she was joined in by her sister, Kourtney who dressed up as Michael Jackson .Rose McGowan Offered $1 Million To Keep Quiet Regarding Harvey Weinstein Allegations
The mega-producer lost both his job and his wife within days of two exposés that detailed decades of alleged sexual misconduct. And women's bravery to step up and tell their stories, she says, stems from Trump winning the election. -
Iraq govt forces in control of all 'disputed' areas: PM
Vehicles crossing the border would now be subject to three checks - by Turks, Iraqi forces and the Kurds. Elections were scheduled for November 1 but were suspended after the loss of Kirkuk.Tony Podesta bails on lobbying firm amid Mueller probe
The investigation into Podesta and his firm initially started when Manafort's finances were examined by Mueller's unit. Podesta founded the eponymous Podesta Group in 1988 along with his brother, John, although John left in the mid-90s.PTV Sports live Pakistan vs Sri Lanka Cricket Streaming for mobile users
If the team maintain its winning scheme even for the third and final T20 match then Sarfraz Ahmed's (Captain Pakistan team), dream of holding winner's trophy in the home ground would come real. -
Biggest PlayStation News From Sony's Paris Games Week Press Conference
The game , which doesn't yet have a release date, features "a new hero" and, potentially, a new setting, reports Digital Trends . Seeing new trailers for big AAA games is always cool, but the show was mainly just new trailers for already announced games.Sanders: Indictments by Mueller Have Nothing to Do With Trump Campaign
" Papadopoulos is an example of someone doing the wrong thing while the campaign was doing the right thing", said White House press secretary Sarah Huckabee Sanders .Miller's record T20I ton takes Proteas to 224
He beat the record of fellow South African Richard Levi, who scored a century off 45 balls against New Zealand in 2012. He provided an early chance to Bangladesh but was dropped at 0 by Mushfiqur Rahim and he made them pay badly. -
Selena Gomez is Woman of the Year
But Bieber is reportedly set on winning Gomez back. "They have so much to catch up on", People's source continued. Distance played a huge part in their breakup despite their efforts to try to spend time together.Twitter reacts to Kelvin Benjamin being traded to the Buffalo Bills
Beane acknowledged that Buffalo's success played a role in the trade, stating, "If you start 0-7, I'm not sure you trade a pick". Buffalo gave up their own third-round pick and a seventh-round pick in next spring's draft to acquire the big, physical receiver.Marvel's Spider-Man Thwips In A Trailer In
Sony Interactive and Insomniac Games showed off a little more of what Peter Parker was capable of in new Spider-Man footage. He's only in a few frames, and he's moving pretty fast, but we tried to capture the best screen-cap we could.
Top Stories
Jahlil Okafor tells Philadelphia 76ers he wants a buyout or a trade
Okafor got selected by the 76ers with the third-overall pick in the 2015 NBA Draft. "I'm unsure if I'm still on the team". The Celtics might want Okafor only after a buyout - i.e., if they don't have to surrender any assets to Philadelphia.
Tesla Posts Loss, Boosting Pressure to Speed Output of Model 3
Last month, Tesla reported it delivered 26,150 vehicles in the third quarter, a 4.5 percent rise on the same period of 2016. The company said it would cut production of its Model S and Model X vehicles to redeploy resources towards the Model 3.
The Legend Of Zelda Nintendo 2DS And Game Bundles Announced
As well as that, you can also nab the new The Legend of Zelda: Breath of the Wild-Explorer's Edition. Nintendo has therefore announced that on Black Friday, a Zelda special edition will be released.
Original UK 'House Of Cards' Creator "Devastated" By Cancellation
Netflix said it was "deeply troubled" by the allegations, which were made by Star Trek: Discovery and Rent actor Anthony Rapp . Beau Willimon, the creator " House of Cards ", released a statement Monday calling Rapp's story "deeply troubling".
A or F? See What Grade Your Hospital Got in New Report
Then, Leapfrog says researchers weigh the evidence, opportunity for improvement and impact of each measure to calculate a grade. North Dakota, the District of Columbia, Delaware, Maryland and NY had the lowest percent of hospitals earning an "A" grade.
Manafort Scheme Paid Lobbyists With Offshore Funds
The firm brought in an estimated $4.8 million in the third quarter of 2017, down from $6.1 million in the third quarter of 2016. Podesta is handing over full operational and control to the firm's CEO Kimberley Fritts, according to the report .
YouTube TV finally gets a home on big screens
You won't have to do anything the YouTube TV app will just show up on your Nvidia Shield with this 6.1 update. This guide resembles a traditional cable TV guide with its rows of channels and programming by time slot.
Court bars Trump from changing transgender troops policy
His goal was to turn back the policy to the way it was before June 2016, when service members could be discharged for being transgender.
Selena Gomez Opens Up About Her Kidney Transplant Complications
My kidneys were shutting down. "My mentality was just to keep going.I didn't realize how much it was affecting my body". Continuing the story, Francia shared, "My mum didn't wanna be there (in the hospital) until I woke up (after surgery)".
Hadiya not held captive at home, says father
I know my father is getting angry. "There is nothing in law that stops someone from falling in love and marrying a criminal. Earlier in the day, the court has asked Ashokan to produce Hadiya on November 27, in the next date of hearing in the case.