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Here’s Apple’s play in the world of cars, and it’s called, er, CarPlay. Read more
Executives from the iPhone maker, including its head of operations, met with officials from the US Food and Drug Administration last month, public records show, to discuss “medical applications”.
What could they possibly have been discussing? Read more
Have we been taking too many tablets?
It seems markets are reaching saturation point with growth in the category slowing to 28 per cent year-on-year in the fourth quarter – down from 87 per cent a year earlier. Read more
The rollout of Apple’s iPhone by China Mobile to 300 cities this year is going to be slower than many analysts expected – contributing to its outlook disappointing on Monday and its shares falling more than 7 per cent at the open today.
But new estimates for the rollout of 4G services promise rich pickings for Apple later in 2014 and beyond. Read more
Forget the formal estimates: what Wall Street was really hoping for from Apple’s latest quarter was an acceleration in growth that would blow away the “official” forecasts.
The figures released on Monday failed to impress. At 51m, the number of iPhones sold in the quarter came in 2m short of estimates, though the 26m iPads topped most estimates. Within minutes, Apple’s shares had slipped more than 5 per cent.
Read below for our coverage of the earnings report and the company’s analyst call.
Expectations are high that Apple can go back to its old forecast-busting ways when it reports earnings for its December quarter on Monday.
“Investors think that Q1 is going to be a blow-out and the Q2 guide is quite strong,” said analysts at Berenberg in a note after meetings with shareholders last week.
While the iPhone and iPad both look set to turn in double-digit percentage growth rates, falling prices and margins could minimise revenue and earnings growth.
Here’s what to expect after the markets close in New York: Read more