Quarterly earnings, fall launch, iPhone 15 Pro screen, wallet app

Apple Stock News: Quarterly Earning

Apple Stock News: According to Bloomberg, Apple released quarterly results that exceeded Wall Street estimates. Sales rose 11% to a record $ 123.9 billion in the first fiscal quarter, while analysts forecast $ 119.1 billion on average. Profits also topped projections, and the company predicted sales would rise by double-digit percentages in the March quarter. Earnings per share rose to $ 2.10 in the first quarter, which ended Dec. 25, well above the $ 1.90 estimated by analysts.

Apple’s strong results show that the company has overcome the shortage crisis. Tim Cook warned late last year that shortages could cost the company more than $ 6 billion in sales during a very important holiday period. But the tech giant has weathered the crisis and benefited from a flood of new products, including the iPhone 13, Apple Watch Series 7 and updated Macs. The earnings report “highlights the strength and stickiness of Apple’s ecosystem,” Katy Huberty of Morgan Stanley wrote in a note to clients. Apple reiterated it as its best choice for 2022. In a conference call, Apple executives said supply chain constraints would be further eased in the March quarter, although its growth rate will slow for both the business as a whole and the services segment. Apple did not give a specific sales goal, except that it will be a record for that period. Analysts predict that revenues will exceed $ 90 billion. Gross margin will be 42.5% to 43.5%, Apple said.

Apple Stock News: Apple’s big fall plans for 2022


Apple Stock News: This year will be one of the most extensive hardware products launched by Apple. Mark Gurman, a Bloomberg reporter, listed all the products expected this fall, including the new iPhone (Series 14), cheap iPad, new iPad Pro, second-generation AirPods Pro, new Apple watches and a wide range of Mac Series Updates: the new Mac Pro, MacBook Air, iMac.

BOE plans to ship Apple with advanced screens for the iPhone 15 Pro


Chinese big screen maker BOE aims to provide OLED screens for Apple’s iPhone 15 Pro line, according to TheElec. BOE has started shipping Apple screens for the 6.1-inch lower-level iPhone 13 series. BOE is expected to expand production of its low-temperature polycrystalline oxide (LTPO) OLED displays by 2023 and be able to appear in the iPhone 15 Pro, replacing Samsung and LG as major display manufacturers for high-end iPhone models. It is stated that BOE has not previously worked with LTPO technology, which allows variable refresh rates up to 120Hz on the screen – a more advanced technology compared to the low temperature polycrystalline silicon (LTPS) technology currently in use. That is why Samsung was the only manufacturer of OLED LTPO screens for the iPhone 13 Pro series and will remain one of the main suppliers for the 14 Pro line.

Apple’s new feature of the Wallet app – the key to a hotel room


The key to the hotel room is a new feature introduced in iOS 15 and watchOS 8 on the iPhone and Apple Watch, which allows you to unlock room doors, elevators, some other common areas in the hotel by tapping your personal device on the card reader, just like yes. done with a plastic card key.

How it works in detail: After booking, guests can add a room key to the Wallet app. When it is time to log in, guests will be notified, and as soon as they log in, the key in the Wallet app will be activated. To speed up access, you can use the key in express mode, which supports the operation of the keys in the locked mode of the device. You can also use the key in basic mode, which will provide an extra level of security for processing.

There are many benefits to using this key. First, it is very convenient to wear and do not forget. Secondly, it provides a contactless experience, all operations with changing rooms, checking out and others can be done remotely using the new Apple feature. Adopted for the first time last month by several hotels in the Hyatt chain, it is likely to expand around the world in the near future.

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Naveen Kumar

Friendly communicator. Music maven. Explorer. Pop culture trailblazer. Social media practitioner.

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