MacBook Air, iOS 16, iPadOS 16: Top 8 Things Coming Soon From Apple | WSJ
https://m.youtube.com/watch?v=dHiOm4DTCEY
At the WWDC, Apple did show off two products of note: the new M2 processor and an all-new, M2-powered MacBook Air.
It started in March with a new M1 iPad Air, and will continue in September with the iPhone 14 series. Also expected are the latest Apple Watch and AirPod Pro earbuds.
Other distinct possibilities include a new Mac Pro, iMac Pro, iPad Pro and possibly even new Apple TV models. And don’t forget about that Apple AR headset that seems ready to make an appearance at any time.
Mac sales were the standout performer in terms of Apple hardware last quarter, with revenues rising 14.7% to $10.44 billion over the three months ending in March.
That compared to a 5.5% rise in iPhone revenues, which came in just over $50.5 billion, and a 2% dip in iPad sales owing to chip and supply chain shortages.
Covid and supply chain disruptions as well as Russia's war in Ukraine, would clip between $4 billion and $8 billion from current quarter revenues.
In the last quarter, the company sold over $50 billion worth of iphones. Users still upgrade their phones (although the replacement cycle has grown longer) and 5G is driving many users to buy new iPhones.
In September, the company will release the iPhone 14 series. The company is reportedly expecting to move 220 million units this year.
App sales, Apple Music subscriptions and other services that brought in nearly $20 billion last quarter.
Key long-term catalysts:-
First, its exposure to the metaverse, with its plans to move into AR/VR (augmented reality/virtual realty) headsets.
Second, its continued development of a fully autonomous electric car.
PC sales for the first two quarters were down by almost 12%.
Similarly, smartphone sales have also suffered due to lockdowns in China and a decline in general demand.
The App store continues to be a huge source of revenue producing more than $85 billion in sales during 2021 and handing out almost $60 billion to app developers.
Apple’s stock currently trades at a price-to-earnings of 24x and is expected to grow revenue by around 8% in 2021, meanwhile, earnings are expected to grow by 11-12% for the year.
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