Qualcomm is unable to complete NXP Semiconductors NV (NASDAQ:NXPI) acquisition
Vodafone introduces new Rs 158 prepaid plan with 1GB/day data benefit
HMD Global Started officially rolling out Android Oreo 8.1 to Nokia 8
Facebook's days may be numbered as United Kingdom youth abandon the platform
Xiaomi Redmi Note 5 Launched; Price In India Starts From Rs 9999
Long queues outside Apple stores ahead of iPhone X launch
03 November 2017, 12:33 | Francis Delgado
Apple CEO Tim Cook. Apple
Now seeing as how the iPhone has always been Apple's primary revenue driver, it's no surprise that quarterly iPhone sales is the metric analysts typically pay most attention to.
"A trillion-dollar market cap may now be in Cook's sights in light of these results and guidance around iPhone X", said Daniel Ives, an analyst at GBH Insights, referring to Apple Chief Executive Tim Cook.
Zhang and his team compared Apple's production ramp schedule to the five to six week wait time for an iPhone X to create a range for the number of reservations the firm could have processed within 72-hours for its flagship iPhone.
The iPhone X comes a decade after the original iPhone, the product that powered Apple's rise to become the world's biggest technology company with a market capitalization of $862 billion. Updated MacBook Pro models helped move 5.3 million Macs, up 10 percent from a year ago.
If Apple falters, investors are likely to dump its stock after driving the shares up by 45 percent so far this year on the expectation that the iPhone X will be the company's biggest hit yet. The average estimate of 10 analysts surveyed by Zacks Investment Research was for earnings of $1.87 per share.
Optus product managing director Ben White also warned "we expect our initial iPhone X stock to sell out very quickly" as supplies were "limited".
Apple's fourth fiscal quarter, the one that ends just before holiday shopping begins, historically has one great week of sales to report - the new iPhone released in late September.
Apple said Thursday that iPhone sales rose 3 percent in the July-September quarter, a period that saw the iPhone 8 and 8 Plus come out in the final weeks.
Finally, the grab-bag Other Products category tallied $3.2 billion in revenue last quarter, a 36 percent increase from last year's take. By comparison, Apple shipped almost 217 million iPhones in its just-completed fiscal 2017. Apple does not break out unit sales for Apple Watch but Cook said growth was over 50%. The previous record was $78 billion during the holiday quarter of 2016.
iPhone sales make up about half of the revenue the company brings in (because duh, they're amazing). For one, Apple is likely the top beneficiary of USA technology companies when it comes to a new Republican tax proposal on overseas cash.
Apple has invested heavily in greater China - historically its third-largest market behind the Americas and Europe - and has a nascent customer base in India.
New Zealand bowl against India in 3rd ODI
Talking about the third ODI which is ongoing as we write, put into bat, India posted 337 for six in their allotted 50 overs. The boundary riders were exceptional under pressure and kept their cool when running after the ball.
Sprint and T-Mobile merger has reportedly been dropped
Or, Softbank could be hoping to revisit a potential merger should the carrier market change in a favorable way down the road. SoftBank is expected to approach T-Mobile owner Deutsche Telekom as early as Tuesday to propose ending the negotiations.
Zach Miller Injures Left Leg On Overturned 25-Yard Touchdown
TE Zach Miller landed awkwardly on his left leg on an apparent 25-yard TD catch and was carted off the field in the third quarter. What are your thoughts on Miller's touchdown catch getting called back after suffering from that nasty injury?
Iraqi Kurdish opposition parties report attacks on offices
He blamed the central government in Baghdad, which had dismissed the Kurdish vote as illegal, accusing it of escalating tensions. The Kurdish forces lost almost half of the territory that had controlled during the war against the Islamic State group.
Heyman | Dave Martinez is choice for Nationals manager
He has always been a rumored candidate for a step up to a managerial spot, and Washington will provide that opportunity. Martinez becomes the seventh full-time manager for the Nats since they moved from Montreal before the 2005 season.
Worst flu season blamed on 'cheap vaccine'
However, different viruses are responsible for the two illnesses , and the flu is more serious than a cold. Oeding emphasized the importance of the vaccine for those who interact with children under 6 months old.
Osweiler takes over Denver's QB starter spot
He was cut by Cleveland during training camp and signed to be Denver's backup ahead of its season opener in September. Lynch returned to practice for the first time since suffering the injury last Wednesday .