Tag: expect
iMac Turns 25 Today: When to Expect the Next Model to Launch
“This is iMac,” said Jobs, at the Flint Center in Cupertino. “The whole thing is translucent. You can see into it. It’s so cool. We’ve got stereo speakers on the front. We’ve got infrared right up here. We’ve got the CD-ROM drive right in the middle. We’ve got dual stereo headphone jacks. We’ve got the coolest mouse on the planet right here.”
The original iMac pioneered many industry firsts, such as USB and FireWire, while abandoning the floppy drive and other legacy ports. The computer featured a 15-inch display, a PowerPC G3 processor, a 4GB hard drive, 32MB of RAM, a CD drive, two USB ports, and an Ethernet port for connecting to the still-nascent internet.
Over the past two and a half decades, the iMac has received many design changes, moving to a flat screen and an aluminum enclosure. Fittingly, the current 24-inch iMac features a colorful design just like the original model did all those years ago.
When to Expect a New iMac
Apple released the 24-inch iMac in April 2021 with the M1 chip and an ultra-thin design available in seven colors, including green, yellow, orange, pink, purple, blue, and silver. This is currently the only new iMac in Apple’s lineup, as the Intel-based 27-inch iMac and iMac Pro models were both discontinued over the past few years.
A new iMac will launch in late 2023 at the earliest, according to Bloomberg‘s Mark Gurman. In February, he said Apple had no plans to update the iMac with the M2 chip and is waiting until the M3 chip, which has yet to be announced. The M3 chip is expected to use TSMC’s 3nm process for significant performance and power efficiency improvements.
TSMC has reportedly faced yield issues with 3nm chip manufacturing, and Gurman said there is a possibility the new iMac does not launch until 2024. In any case, the next iMac appears to remain several months away from launching.
This article, “iMac Turns 25 Today: When to Expect the Next Model to Launch” first appeared on MacRumors.com
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What to expect when Electronic Arts (EA) reports Q4 earnings next week
Shares of Electronic Arts Inc. (NASDAQ: EA) stayed green on Friday. The stock has gained 9% in the past three months. The company is slated to report its fourth quarter […]
The post What to expect when Electronic Arts (EA) reports Q4 earnings next week first appeared on AlphaStreet.
Microsoft brings Facebook widget to Windows 11 – and expect many more
Google I/O 2023: How to Watch, Pixel Fold Reveal, Pixel Tablet and What to Expect – CNET
What to expect when Tyson Foods (TSN) reports Q2 earnings next week
Shares of Tyson Foods Inc. (NYSE: TSN) were down on Wednesday. The stock has dropped 6% over the past three months. The company is scheduled to report its second quarter […]
The post What to expect when Tyson Foods (TSN) reports Q2 earnings next week first appeared on AlphaStreet.
Max Q: Expect the worst, hope for the best
In this issue: ispace’s lunar lander presumed lost; update on Ursa Major; news from Hydrosat, and more.
Max Q: Expect the worst, hope for the best by Aria Alamalhodaei originally published on TechCrunch
What to expect when Kellogg (K) reports Q1 earnings this week
Shares of Kellogg Company (NYSE: K) were up 1% on Monday. The stock has gained 5% in the past one month. The convenience food company is slated to report first […]
The post What to expect when Kellogg (K) reports Q1 earnings this week first appeared on AlphaStreet.
What to expect when Starbucks (SBUX) reports Q2 earnings next week
Shares of Starbucks Corporation (NASDAQ: SBUX) stayed green on Friday. The stock has gained 14% year-to-date. The company is slated to report its second quarter 2023 earnings results on Tuesday, […]
The post What to expect when Starbucks (SBUX) reports Q2 earnings next week first appeared on AlphaStreet.
What to Expect From Apple’s Earnings Results Following New Macs and HomePod
Keep reading for some key things to know about the quarter, including a recap of new products announced, revenue expectations, and more.
New Products During Quarter
The quarter ran from January 1 through April 1, according to Apple’s fiscal calendar, and included the following product launches:
- 14-inch and 16-inch MacBook Pro (M2 Pro and M2 Max chips)
- Mac mini (M2 and M2 Pro chips)
- HomePod (2nd generation)
- iPhone 14 and iPhone 14 Plus (Yellow)
- Black Unity Sport Loop
Year-Over-Year Revenue Decline Expected
Apple has not provided guidance since the start of the COVID-19 pandemic, but analysts currently expect the company to report revenue of around $93 billion on average this quarter, according to Yahoo Finance. This would be a revenue decline of around 4.5% compared to the $97.3 billion the company reported in the year-ago quarter.
Maestri provided the following commentary on Apple’s earnings call last quarter:
Given the continued uncertainty around the world in the near term, we are not providing revenue guidance, but we are sharing some directional insights based on the assumption that the macroeconomic outlook and COVID-related impacts to our business do not worsen from what we are projecting today for the current quarter. In total, we expect our March quarter year-over-year revenue performance to be similar to the December quarter.
Conference Call
Cook and Maestri will hold a conference call at 2:00 p.m. Pacific Time on May 4 to discuss the company’s second quarter earnings results. The call should last around one hour and will include a Q&A segment with analysts.
A live audio stream of the conference call will be available on Apple’s Investor Relations page, and a recording will be available later in the day for replay.
Investors will be listening for any potential commentary surrounding the economy as concerns persist about a recession in the U.S. and other countries.
What’s Next
Apple’s third quarter began April 2 and runs through July 1. Apple has yet to announce any new products during this quarter, but it did open its first retail stores in India and launch an Apple Card savings account in partnership with Goldman Sachs.
AAPL is currently trading at around $168, down around 4.5% from a 52-week high of $176.15.
This article, “What to Expect From Apple’s Earnings Results Following New Macs and HomePod” first appeared on MacRumors.com
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