Category Archives: china

AAPL will announce record quarter, predict analysts, with earnings up 11.9%


Analysts are predicting that Apple (AAPL) will announce record sales and earnings in today’s fiscal Q4 (calendar Q3) earnings call, reports Fortune.

I’ve got the collected fiscal Q4 estimates of 33 Apple analysts — 21 professionals and 12 amateurs. They are all to a man (and one woman) predicting record Q4 sales and earnings (up 7.1% and 11.9%, respectively).

The analysts also expect earnings per share to be up 12% year-on-year, to $1.32 … 

The average expectation was for Apple to be at the top end of its gross margin guidance of 37-38%, and to slightly exceed the high-end of its revenue guidance of $37-40B, at $40.13B.

Apple never predicts product sales numbers, but the analysts are expecting iPhone sales of 38.89M (up 12.1%) and Mac sales of 4.83M (up 5.7%).

The news will, they think, be less good for iPad sales, which they predict will have fallen by 6.5% to 13.17M. Analysts have previously suggested that weak iPad sales may be here to stay. Unsurprisingly, they expect iPod sales to continue their slide towards irrelevance, expecting a 33.7% drop to just 2.32M units as consumers use iPhones as their portable music devices.

While the iPhone went on sale in China too late to impact Q4 AAPL financials, it’s likely that Tim Cook will share some early numbers. Fortune reports that every model is currently out of stock in Chinese Apple stores.

As always, Fortune has shared the complete table of analyst predictions (below), ready to praise those closest to the mark and embarrass those miles from it.

We’ll of course be bringing you the AAPL numbers as soon as they are announced, together with live coverage of the conference call. You can also listen in live yourself.


Filed under: AAPL Company Tagged: AAPL, AAPL earnings, AAPL financials, AAPL sales, Apple, china, iPad, ipad sales, iPhone, iPhone 5, iPhone sales, iPod, iPod sales, Mac, Mac sales, Tim Cook

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iPhone 6 finally goes on sale in China with little fanfare


The iPhone 6/Plus finally went on sale in China this morning after regulatory delays, in contrast to last year’s launch of the iPhone 5s and 5c in China on the same day as the US … 

The WSJ reported very quiet scenes at one of Apple’s four Beijing stores …

Unlike some past debuts for its new gadgets, the event was decidedly low-key. About 100 customers waited in line Friday morning outside Apple’s store in Beijing’s upscale Sanlitun shopping district, which opened its doors at 8 a.m. for buyers who had pre-ordered their new wares

The lack of crowds is largely explained by pre-orders, which have been reported to exceed 20M units. The WSJ may also have been better off checking the lines at carrier stores, who opened their doors at midnight – some eight hours before Apple Stores opened for the collection of pre-orders only.

Apple managed to achieve record opening weekend sales of 10M iPhone 6/Plus models even without China’s help. If the rumored Chinese pre-order numbers are correct, that number would have been dramatically higher had the company managed to launch in China on day one. Forrester Research, speaking to Bloomberg, says that 20M pre-registrations would likely convert to early sales of 2-3M units.

Photo credit: Jerome Favre/Bloomberg

Filed under: AAPL Company Tagged: AAPL, Apple, Apple China, Apple Store, Beijing, china, Forrester Research, iPhone, iPhone 5, iPhone 6, iphone 6 plus, Sanlitun

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Apple rolls out iPhone 6/Plus to 36 more countries this month


Apple has announced that it will be rolling out the iPhone 6 and 6 Plus to an additional 36 countries this month, bringing the total number of markets to 69. The latest rollout will begin with India and Monaco alongside China on Friday.

Apple today announced that iPhone 6 and iPhone 6 Plus, the biggest advancements in iPhone history, will arrive in 36 additional countries and territories across Europe, Asia, the Middle East, Latin America and Africa by the end of October. iPhone 6 and iPhone 6 Plus will be available in a total of 69 countries and territories by the end of the month and are on track to be available in more than 115 countries by the end of the year, making this the fastest iPhone rollout ever … 

The full schedule is:

  • Friday, October 17: China, India and Monaco
  • Thursday, October 23: Israel
  • Friday, October 24: Czech Republic, French West Indies, Greenland, Malta, Poland, Reunion Island and South Africa
  • Thursday, October 30: Bahrain and Kuwait
  • Friday, October 31: Albania, Bosnia, Croatia, Estonia, Greece, Guam, Hungary, Iceland, Kosovo, Latvia, Lithuania, Macau, Macedonia, Mexico, Moldova, Montenegro, Serbia, South Korea, Romania, Slovakia, Slovenia, Ukraine and Thailand

Apple originally launched the new models in the US, France, Canada, Germany, Hong Kong, Singapore, United Kingdom, Australia and Japan, with a further 24 countries added on 26th September. Regulatory issues delayed the planned launch in China.

The iPhone 6/Plus is already available in pre-order in China, with claimed orders exceeding 20M units. The new models had already set a new sales record of 10M handsets in the opening weekend. Accessories too hit record sales levels in the US.

Apple’s full press release can be see below  Continue reading