Archive for October 24th, 2011
Apple estimated to sell over 42 million iPhones this quarter
Investment bank UBS issued a note to investors where it suggested that Apple would sell about 42.5 million iPhones worldwide in this quarter. But they expect that international adoption of Apple's newest handset could be slow when compared to the U.S. This might be caused the fact that Siri, the 4S-exclusive voice-recognition feature, only supports English, French and German. So in the United States sales of iPhone 4S is likely to top 11.7 million in the upcoming quarter.
"If Apple is able to manufacture and sell the estimated 42.5 million units, earnings per share of the company's stock would drive an incremental $3.09 to the estimated $9.47 for the December quarter.”
Both AT&T and Verizon confirm that the iPhone 4S release slowed sales, causing the company to miss analysts' expectations for the last quarter of the 2011 fiscal year. But despite that fact the bank gives Apple a 12 month buy rating with a price target of $510.
Steve Jobs Biography Now Available in U.S. On iBooks
The Steve Jobs biography as it was promised have been released today and is available now in all regions. You may download the book on Apple's iBooks or purchase via Amazon.com. The book is an authorized biography of Steve Jobs by Walter Isaacson. Steve Jobs, himself, reached out to Isaacson to suggest the author write a biography on Jobs. Due to the unprecedented level of candor Jobs extended to Isaacson, the book has already made plenty of waves ahead of its public release, which was moved up to Oct. 24 after Jobs passed away on October 5th. Isaacson had asked Jobs prior to his passing why he had agreed to participate:
In order to mask my emotion, I asked the one question that was still puzzling me: Why had he been so eager, during close to 50 interviews and conversations over the course of two years, to open up so much for a book when he was usually so private? “I wanted my kids to know me,” he said. “I wasn’t always there for them, and I wanted them to know why and to understand what I did.”
Intel Chip Delays Suggest No New Mac Pro Until at Least Early 2012
Mac Pro users have been long awaiting updated models from Apple, but their hopes seem not to come true this year. In early September Intel reported that it was planning to launch new Sandy Bridge E processors and their Xeon E5 equivalents suitable for the Mac Pro on November 15th. But now the company has postponed release of its chips to early 2012, having dashed hopes for an updated Mac Pro.
In September, during Intel Developer Forum event in San Francisco, new information came to light implying that Xeon E5 launch is postponed until the first quarter 2012. Indeed, according to the latest Intel roadmaps, all Xeon E5 processors are going to be delayed by one quarter.
Apple will likely to adapt the Xeon E5-2600 series processors (likely, the E5-2620, E5-2650 and E5-2670) in the next Mac Pros, offering options of 12 or 16 cores.