For the first time in years, Apple adjusted its first-quarter earnings for the upcoming fiscal year, its 2019 estimates reading as follows: Revenue of approximately $84 billion Gross margin of approximately 38 percent Operating expenses of approximately $8.7 billion Other income/(expense) of approximately $550 million Tax rate of approximately 16.5 percent before discrete items
Tag: XS
Even if Apple didn’t deliver its long-awaited AirPower wireless charging mat in 2018, there might still be hope. Apple first previewed the multi-device wireless charging accessory at Steve Jobs Theater in September 2017, shortly after introducing the iPhone X, and indicated that it would be released at some point last year in a press release: […]
There are times when a battery catastrophically fails within a product. This apparently occurred for Josh Hillard, an Ohio-based iPhone XS Max owner, whose handset reportedly caught fire and exploded on December 12th. Hillard, who reported that around 3 PM of that day, he noticed a smell and felt a “large amount of heat” and […]
Once again, Apple’s iPhone battery replacement program is slated to end on December 31st. Following the revelation that older iPhone batteries had been throttled, Apple created a battery replacement program for customers. The program allowed customers a battery replacement on iPhone 6 or later models, thereby lowering the consumer cost to $29 for a qualifying […]
In spite of Apple’s release of iOS 12.1.2 on Monday, which was speculated to resolve grievances between Apple and Qualcomm, Qualcomm continues to be dissatisfied with Apple, stating that the company “continues to flout the legal system” and ignore injunctions imposed on it in China. In the ongoing legal battle between Apple and Qualcomm, Qualcomm […]