AMITIAE - Tuesday 8 October 2013
Cassandra: Apple Q4 2013 Announcement and Revised Expectations
By Graham K. Rogers
Apple plans to conduct a conference call to discuss financial results of its fourth fiscal quarter on Monday, October 28, 2013 at 2:00 p.m. PT / 5:00 p.m. ET.
Although Apple guidance, issued at the Q3 2013 results event suggested for Q4 that revenue was expected to be between $34 billion and $37 billion and gross margin between 36% and 37%, the release of the iPhone 5s and iPhone 5c has made some changes.
Analysts had expected some 5 million iPhones to be sold in the opening weekend, but Apple reported around 9 million, and has issued a revised guidance. It is now to be at the "high end of the previously provided range of $34 billion to $37 billion, and [Apple] expects gross margin to be near the high end of the previously provided range of 36% to 37%" (StreetInsider).
Also expected soon is the next release of OS X, 10.9, Mavericks. The "Gold Master" was released last Friday to developers. Pricing and exact date of a release are yet to be confirmed.
Other hardware is expected with strong rumours concerning a revised MacBook Pro range, as well as new iPads.
Graham K. Rogers teaches at the Faculty of Engineering, Mahidol University in Thailand where he is also Assistant Dean. He wrote in the Bangkok Post, Database supplement on IT subjects. For the last seven years of Database he wrote a column on Apple and Macs.
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