Apple to release Q4 earning results today, analysts looking for company to beat its own guidance

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Date: Monday, October 28th, 2013, 09:31
Category: Finance, News

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Apple’s Q4 financial results are due in via a conference call today and according to 9to5Mac and Fortune, more than half of the analysts included in Fortune’s survey expect the company to beat its high-end guidance of $37B. The average is driven up by the amateurs, who come in at US$37.38B, while the professionals expect just a touch under the top end at US$36.95B.

Predictions on both revenues and earnings do vary markedly, however. While the consensus view is that year-on-year revenues will be up 3 percent and earnings down 6 percent, even among the professionals the earnings estimates span a 15 percent range.

Apple beating its own guidance wouldn’t have been remarkable in the days when Apple gave absurdly pessimistic guidance and then blew it away, but would be impressive since Cook started offering realistic ranges …

Apple began offering realistic guidance this year, offering a range running from what it has “reasonable confidence” of achieving to what it “believes” it will do. In Q2, Apple slightly beat its high-end guidance of US$41-43B with revenues of US$43.6B, while in Q3 it came in just below its top-end number at US$35.3B.

The official launch of the iPhone in China is the big unknown in the equation, with some big numbers being bandied about, but no hard data.

It’s also likely that supplies of iPhone 5s models will play a large role in the numbers. Demand was extremely strong, but production was struggling to keep pace with the gold model in particular, whose popularity appeared to have taken Apple by surprise.

The earnings will be broadcast at 2 PM PT/5 PM ET via this link.

Stay tuned for additional details as they become available.

OnyX updated to 2.7.4

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Date: Monday, October 28th, 2013, 09:33
Category: News, Software

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Even a small update helps a bit.

OnyX, Titanium Software’s popular freeware multifunction utility for Mac OS X, has been updated to version 2.7.4. The new version, a 23.4 megabyte download, adds the following fixes and changes:
– Utilities > Visibility pane improved.

OnyX 2.7.4 requires an Intel-based processor and OS X 10.8 or later to install and run.

If you’ve tried the new version and have any feedback, please let us know in the comments.

iOS 7 daylight savings time bug located, Calendar program affected

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Date: Monday, October 28th, 2013, 09:49
Category: iOS, News, Software

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On the upside, at least they know about this bug and can deal with it.

Per AppleInsider, owners of iOS devices running the latest version of Apple’s mobile operating system awoke to a display error in iOS 7’s calendar app caused by the switch to daylight saving time.

Several users have reported the line indicating the current time is displaced by one hour in the calendar app — for example, at 12:15 p.m., the calendar app draws the “current time” line in the slot for 1:15 p.m., despite displaying the correct time beside the line and in the system notification bar.

The bug reportedly does not affect scheduled alarms or calendar events, the times for which are adjusted properly.

Time zone support is a recurring issue for Apple’s software and operating systems. In 2010, iOS 4 contained a bug that did not properly shift alarm schedules when Daylight Savings Time ended, causing some European iPhone owners to miss appointments or wake up late for work, while Australians were woken up early.

In 2011, another iOS 4 bug caused non-recurring alarms to be disabled when clocks ticked over to January 1, 2011. Apple eventually fixed both issues.

If you’ve seen this bug on your end, please let us know in the comments.