Apple is planning to launch its new iPhone 8 on September 12. It will be a big day for Apple but also for Apple fans around the world. The new phone will be the most expensive phone you`ve ever bought and the price will exceed all of its competitors.
You are also hereby warned about the wow effect you`ll get with a big visual overhaul of the new iPhone. The new iPhone will be coming in a new Blush Gold color and leaks have been hinting that the new phone will outperform the elegant designed Samsung Galaxy Note 8.
The name of the new phone is not known yet, but Apple may call it something like iPhone Pro or iPhone X to mark the 10th anniversary. You will be able to see the new 10th anniversary iPhone for the first time ever at the Steve Jobs Theater venue.
It`s amazing to see how the technology giant are doing it. Shares peaked at an all-time high followed by a strong earnings report the last month. Shares of the giant jumped over 10% in August and that is based on a strong fiscal third-quarter 2017 results.
Earnings per share rose 17,6% to $1,67, and their gross margin expanded 50 basis points to 38,5%. Apple`s revenue rose 7% YoY to quarterly revenue of $45,4 Billion. How is it possible?
Belive it or not, but it seems like people haven`t got enough of the giant and their revenue rose in all segments.
Iphone sales jumped 3% YoY to $24,8 Billion. iPad revenue increased by 2% to nearly $5 Billion. Services revenue rose 22% to $7,2 Billion and sales of other products like Apple TV, Watch, Beats and accessories rose 23% to $2,7 Billion. Cook also reported accelerating growth an all-time high quarterly record for Services revenue. Amazing.
Not only that. Apple provided guidance for fiscal fourth-quarter revenue to increase in the range between $49 Billion and $52 Billion. Apple is very excited about the advances in iOS, watchOS and tvOS coming this fall.
Apple`s most popular product line is still iPhone and their widely expected iPhone 8 smart phone will be launched on September 12, 2017.
During the last call, CEO Tim Cook said: “We`re looking very much forward to the product rollouts”.
Disclaimer: The views expressed in this article are those of the author and may not reflect those of Shiny bull. The author has made every effort to ensure accuracy of information provided; however, neither Shiny bull nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in precious metal products, commodities, securities or other financial instruments. Shiny bull and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.