Tag: 2022

  • Apple posts $83 billion in revenues, $19.4 billion profit for 3Q 2022

    Apple posts $83 billion in revenues, $19.4 billion profit for 3Q 2022

    Apple on Thursday announced the financial results for its third fiscal quarter of 2022.

    For the quarter, Apple posted revenue of $83 billion and quarterly profit of $19.4 billion, compared to revenue of $81.4 billion and net quarterly profit of $21.7 billion, in the year-ago quarter.

    Gross margin for the quarter stood at 43.3 percent, according to Apple CFO Luca Maestri.

    iPhone and Services revenue achieved June quarter records, while Mac, iPad, and “Wearables, Home, and Accessories” revenue was down.

    A category-by-category breakdown of Apple’s Q3 2022 revenue is outlined below.

    iPhone: $40.6B, up from $39.5B in year-ago quarter
    iPad: $7.2B, down from $7.3B in year-ago quarter
    Mac: $7.3B, down from $8.2B in year-ago quarter
    Wearables, Home, and Accessories: $8.0B, down from $8.7B in year-ago quarter
    Services: $19.6B, up from $17.4B in year-ago quarter

    Per Apple CEO Tim Cook:

    “This quarter’s record results speak to Apple’s constant efforts to innovate, to advance new possibilities, and to enrich the lives of our customers. As always, we are leading with our values, and expressing them in everything we build, from new features that are designed to protect user privacy and security, to tools that will enhance accessibility, part of our longstanding commitment to create products for everyone.”

    Once again, Apple did not issue guidance for the current quarter ending in September.

    Stay tuned for additional details as they become available.

    Via MacRumors and Apple

  • Bloomberg’s Mark Gurman states Apple scrapped an M1-based Mac Pro that was ready for release for an M2 Extreme-based unit

    Bloomberg’s Mark Gurman states Apple scrapped an M1-based Mac Pro that was ready for release for an M2 Extreme-based unit

    With an Apple Silicon Mac Pro having yet to be released, and even alluded to in this year’s Worldwide Developers Conference keynote, Bloomberg’s Mark Gurman shed some light on the situation. In an interview with Max Tech, Gurman revealed that Apple has an M1 Mac Pro ready to ship months ago, but scrapped it to wait for the M2 Extreme.

    Gurman, who appeared on the interview to respond to the controversy surrounding the M2 MacBoo Air, responded to a number of rumors and leaks that surfaced recently.

    Per the sources, Apple was ready to ship an M1 Mac Pro prior to WWDC, but instead scrapped it for an M2-based model. Gurman also stated that he believes Apple’s actual announcement will arrive by the end of 2022, with the redesigned Mac Pro shipping sometime in 2023.

    Predicting the actual chip name, Gurman believes the new Mac Pro will feature an M2 Extreme SoC. This would be more capable than predicted M2 Max and M2 Ultra variants. The Mac Pro, he believes, will use the M2 Ultra in its base model and the M2 Extreme in a higher-end configuration.

    Stay tuned for additional details as they become available.

    Via The Mac Observer and Max Tech

  • Analyst: Global supply chain issues probably won’t affect iPhone 14 launch this fall

    Analyst: Global supply chain issues probably won’t affect iPhone 14 launch this fall

    Although some iPhone 14 component suppliers are facing supply chain issues, noted Apple analyst Ming-Chi Kuo has expressed the opinion that these issues will have a limited impact on upcoming mass production of iPhone 14 models, which are expected to be announced in September.

    In a recent tweet, Kuo stated that other suppliers can help to make up for component shortages. Kuo said that Samsung Display and BOE can largely fill the initial gap supply gap caused by LG Display’s issues with the appearance of iPhone 14 and iPhone 14 Max display panels. Kuo also stated that it should not take much time for LG Display to address the issue.

    Apple’s iPhone 15 lineup this year is expected to include the 6.1-inch iPhone 14, 6.7-inch iPhone 14 Max, 6.1-inch iPhone 14 Pro, and 6.7-inch iPhone 14 Pro Max.

    Stay tuned for additional details as they become available.

    Via MacRumors and @mingchikuo

  • Apple responds to Irish actress/writer’s claim of being tracked via AirTag, states additional privacy and security improvements will arrive throughout 2022

    Apple responds to Irish actress/writer’s claim of being tracked via AirTag, states additional privacy and security improvements will arrive throughout 2022

    Apple has responded to an issue wherein a woman claimed an AirTags was tracking her. According to The Independent, Irish actor and writer Hannah Rose May claimed that an Apple Device was tracking her during an after hours event.

    May claimed she was attending an event at Disneyland after hours. The event went until 2 a.m. May stated, “I got a ‘Find My’ notification at the end of the night that I didn’t think anything of but opened it anyway and it turned out to be this… someone had been tracking me for two hours.”

    May also shared her experienced via Twitter, providing a screenshot of an alert stating that an AirTag belonging to someone else was tracking her.

    Prior to driving home, May was able to disable tracking on the device. May also stated that she was with a group of people for the duration of the time the device was tracking her.

    After sharing her story on Instagram, May stated that she received several direct messages from individuals who’ve had similar experiences.

    On Twitter, her story has seen over 15,000 retweets, leading May to share the following advice:

    If you ever get a ‘Find My’ notification make sure you open the app immediately as the safety alert doesn’t appear on the screen you have to open the app. Non iPhone users, Apple created an app for androids for this very reason called Tracker Detect.

    Apple has offered the following statement regarding the issue:

    AirTag was designed to help people locate their personal belongings, not to track people or another person’s property, and we condemn in the strongest possible terms any malicious use of our products.

    Unwanted tracking has long been a societal problem, and we took this concern seriously in the design of AirTag. It’s why the Find My network is built with privacy in mind, uses end-to-end encryption, and why we innovated with the first-ever proactive system to alert you of unwanted tracking. We hope this starts an industry trend for others to also provide these sorts of proactive warnings in their products.

    The spokesperson also added that Apple has been working with law enforcement concerning all AirTag-related requests, and also stated that AirTag incidents are rare. The spokesperson also stated that there will be improvements to the AirTag tracking device by the end of 2022. Recent features and updates have included recision finding, a display alert with sound, refining unwanted tracking alert logic and adjusting the tone sequence to use louder tones to make an unknown AirTag more easy to find.

    While AirTags may continue to have problems, the state of Ohio is working on policy that would make them illegal.

    Apple has been working on protecting users. With iOS 16, Safety Check allows users who are at risk of domestic or intimate partner violence to remove access they have given to others. It also gives users an emergency reset option. This helps users sign out of their iCloud on all of their devices, reset privacy permissions and limit messaging to just the device in their hand.

    Stay tuned for additional details as they become available.

    Via The Mac Observer, @Hahhanrosemay and The Independent