Saturday, 25 November, 2017

KGI: 2018 iPhone X will keep 6P rear camera lens design

Google Pixel 2 Huge crowds gather outside Apple store in Orchard Road ahead of iPhone X launch
Devin Neal | 03 November, 2017, 00:51

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.

"Apple's year-over-year revenue growth rate accelerated for the fourth consecutive quarter and drove EPS growth of 24 percent in the September quarter", said Luca Maestri, Apple's CFO.

Consensus estimates from Zacks' showed analysts expected earnings of $1.87 per share and revenues of $51.17 billion. The Whisper number is the Street's unofficial view on earnings.

Apple still was able to blast through forecasts, reporting revenue of $52.6 billion, up 12% from the year ago quarter, and easily beating analyst expectations of $50.7 billion for the September-ending quarter collected by S&P Global Market Intelligence. However, a lot of people queuing up outside Apple stocks leaked over the preceding various years with various customers preferring to buy online, the limited production for the iPhone 8 has noticeably been due to secondary reports.

Analysts were projecting Q1 revenue of $85.31 billion.

The company's net income rose to $10.71 billion, or $2.07 per share, in the quarter, from $9.01 billion, or $1.67 per share, a year earlier.

GameCube controller support added to the Nintendo Switch thanks to update 4.0
To this day, the GameCube controller is often cited by most Smash players as being the best way to play a game within the series. You are now able to plug in your GameCube adapter into the Nintendo switch and play basically any game with the controller .

After the iPhone 8's muted rollout in late September, the lines of people willing to wait overnight suggest massive demand for the iPhone X - despite its USA $1,000-plus price tag.

But investors will also be looking for color on the iPhone X, Apple's most expensive iPhone, which goes on sale on Friday.

"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. It competes with a range of revamped Echo speakers from Amazon.com Inc. and Google's Home devices. Sales of iPads continued to bounce back after a slump, with revenue up 14%. Sales in Greater China also rose by 12 percent and by 5 percent in Asia Pacific.

The current camera specs help the iPhone X to “strike a phenomenal balance between picture quality and form factor design”, says Kuo.

Apple gave a gross margin forecast of 38 percent to 38.5 percent, higher than many analysts expected because new products often have higher costs.

The innovation may prove an important step on the path to Apple's potential next big product, smart glasses, for which CEO Cook has created a dedicated team.

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