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Apple blew the financial world's collective mind once again with the company's third quarter earnings female-dog slapping analysts' estimates once again. How is it possible that a company who makes...
07-20-2011, 09:54 AM #1
Future Product Transition Noted in Apple's Third Quarter Earning's Call
Apple blew the financial world's collective mind once again with the company's third quarter earnings female-dog slapping analysts' estimates once again. How is it possible that a company who makes actual consumer products (leave hedge funds and consumer finance out of this) can actually make this much money without some screwy-louie accounting?
Amidst all the blown grey matter a small detail emerged alluding to, and possibly confirming Apple's plans regarding the next iPhone's release. Apple's Chief Financial Officer Peter Oppenheimer responded to a question from Morgan Stanley Analyst Katie Huberty regarding Apple's soft 4th quarter predictions with:
As we announced at WWDC, we have a lot going on in the fall with the introduction of iOS 5 and iCloud. We also have a future product transition that we're not going to talk about today, and these things will impact our September quarter. - Oppenheimer
It seems this is as close as we're going to get to Apple confirming the next iPhone's existence and release before the product actually launches alongside iOS 5 this fall. Oppenheimer also told investors to look for more content to appear in iTunes and across iOS platforms this fall stating "We have some neat stuff coming."
And now we wait.
07-20-2011, 10:08 AM #2
ahhh... waiting is the easy part....
Preordering the damn thing, if they decide to do that again this year will be the hard part for some.
07-20-2011, 10:54 AM #3
07-20-2011, 11:01 AM #4
definitely laughed at the 'female dog slapping' but anyways, so the way it was said... is it insinuating an August announcement and a September release date? I'm itching for a new Apple product already
07-20-2011, 02:25 PM #5
07-21-2011, 08:17 AM #6