Thursday, 30 April 2020

Apple's Earnings Report Today to Reveal COVID-19's Impact on iPhone Sales

Apple will report its financial results for the second quarter of its 2020 fiscal year at 1:30 p.m. Pacific Time today, providing a first look at how the company's sales have been affected by the global health crisis.


On February 17, Apple announced that it no longer expected to meet its March quarter revenue guidance due to COVID-19's impact on the iPhone supply chain and demand for its products in China. The virus has since become a global pandemic, with all Apple Stores outside of China and Korea remaining closed.

Apple's letter to shareholders at the time:
Our quarterly guidance issued on January 28, 2020 reflected the best information available at the time as well as our best estimates about the pace of return to work following the end of the extended Chinese New Year holiday on February 10. Work is starting to resume around the country, but we are experiencing a slower return to normal conditions than we had anticipated. As a result, we do not expect to meet the revenue guidance we provided for the March quarter…
Apple had forecasted revenue between $63 billion and $67 billion for the quarter, which ran December 29 through March 28. On average, analysts now expect that figure to be approximately $54.5 billion, down six percent from $58 billion in the year-ago quarter.

The second quarter encompassed the launch of new iPad Pro and MacBook Air models, which became available to order on March 18.

Apple CEO Tim Cook and Apple CFO Luca Maestri will review the financial results on a conference call at 2:00 p.m. Pacific Time, with a live stream on Apple's website. MacRumors will be providing detailed coverage of the remarks.
This article, "Apple's Earnings Report Today to Reveal COVID-19's Impact on iPhone Sales" first appeared on MacRumors.com

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Motorola Edge+ Review: The Best Battery Life Ever, But Where's the Polish?

On paper, Moto’s return to the flagship phone world with the $1,000 Edge+ seems like it’s got all the right stuff. For $200 less than a Galaxy S20+, you’re practically getting the same assortment of specs including a 6.7-inch OLED screen, Snapdragon 865 chip, 12GB of RAM (which is 4GB more than what you get from…

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Intel's New Desktop Processors Take a Very Intel Approach to Challenging AMD

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The World Just Set a Record For the Cheapest Solar Farm

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Deals: Woot Discounts Refurbished 13-Inch MacBook Pro to $899.99 in Today's Flash Sale

Woot's newest refurbished sale has introduced a discount on Apple's 13-inch MacBook Pro from 2019. This model has 8GB RAM and a 128GB SSD, priced at $899.99, down from $1,299.00. Woot has the MacBook Pro in both Space Gray and Silver.

Note: MacRumors is an affiliate partner with Woot. When you click a link and make a purchase, we may receive a small payment, which helps us keep the site running.

You can also opt for the bigger 256GB SSD for $1,029.99, down from $1,499.00. As with previous sales, Woot's MacBook Pro models are in refurbished condition and are promised to come in full working order. They are packed in generic white boxes and include a one year Woot warranty.

$399 OFF
Refurbished MacBook Pro for $899.99


As a point of comparison, Apple's refurbished prices on the same computers are up to $200 higher compared to Woot's prices. Apple has the 128GB model at $1,099.00 in refurbished condition, and the 256GB model is priced at $1,269.00.

You can find even more discounts on other MacBooks by visiting our Best Deals guide for MacBook Pro and MacBook Air. In this guide we track the steepest discounts for the newest MacBook models every week, so be sure to bookmark it and check back often if you're shopping for a new Apple notebook.
Related Roundup: Apple Deals

This article, "Deals: Woot Discounts Refurbished 13-Inch MacBook Pro to $899.99 in Today's Flash Sale" first appeared on MacRumors.com

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