Collaboration between Intel and Qualcomm, a titanium-alloy iPhone, Apple Watch fail studies, limit Siri functionality, 2nm processors, AirTag battery purchase warning, and quarterly financial results that beat all expectations. And other exciting news on the sidelines...
Apple announces third-quarter results for 2021
Apple announced strong earnings for the third quarter of the fiscal year, defying all expectations. Each of Apple's major product lines grew more than 12% year-over-year.
Overall, Apple's sales are up 36% from the June quarter of last year. And iPhone sales increased nearly 50% year on year.
Despite these high profits, Apple's stock fell more than 2% in extended trading. It fell on Tuesday after the company warned that growth will not be as strong in the current quarter.
Below is a summary of the results compared to what was expected.
◉ Earnings per share were $1.30 versus $1.01 expected.
◉ Revenues were $81.41 billion versus $73.30 billion expected, up 36% year-over-year, and net profit for the quarter was $21.7 billion compared to revenue of $59.7 billion and net profit for the quarter was $11.25 billion in the same quarter.
◉ iPhone revenue came to $39.57 billion versus expected $34.01 billion, up 49.78% year-on-year.
◉ Services revenue of $17.48 billion versus $16.33 billion expected, up 33% year-on-year.
Other product revenue was $8.76 billion versus $7.80 billion expected, up 40% year-over-year.
◉ Mac revenue came in at $8.24 billion versus $8.07 billion expected, up 16% year over year.
◉ iPad revenue came to $7.37 billion versus $7.15 billion expected, up 12% year-over-year.
◉ Gross margin was 43.3% versus 41.9% expected.
Tim Cook said that Apple sees supply restrictions related to silicon chips that will affect the company's iPhone and iPad sales in the September quarter, and this was a direct cause of the impact on the stock price.
Apple also had a strong quarter in the Greater China region, which includes Taiwan and Hong Kong in addition to China. Apple recorded $14.76 billion in sales in the region, up 58% from the same quarter last year.
Americas sales rose nearly 33% year-over-year to $39.57 billion.
The iPhone sector witnessed double growth in the third quarter of 2021
During an earnings call about the third fiscal quarter of 2021, Tim Cook said that Apple has seen strong two-fold growth in the number of iPhone users, whether by upgrading from an older device or migrating to the iPhone from an Android device. And that this quarter is the most upgrade ever, and that the upgrade to iPhone 12 was the strongest. This led to a significant increase in sales, which ultimately generated $39.6 billion during the quarter.
Apple threatens a leaker who either reports his source or turns it over to the police
In a sign of an escalation in its war against the leakers, Apple sent a warning message to a Chinese citizen who shared pictures of stolen iPhone prototypes on social media. She demanded that he stop broadcasting news of its unreleased products and he must sign a document agreeing to comply with Apple's requests within 14 days of receiving the letter. This isn't the first time, as an earlier investigation by Vice revealed that there is a gray market fueled by Apple or Foxconn Chinese employees who are leaking news of unreleased devices and getting big cash in return.
Apple: Don't Buy AirTag Replacement Batteries With Bitter Coating
The AirTag's battery life is expected to last up to a year, but when it's time to replace it, Apple is warning customers not to buy batteries with a bitter coating. As you know, the AirTag's small battery size makes it easy to swallow. Accordingly, some battery makers such as Duracell have started putting a bitter coating on these batteries to prevent children from swallowing them, and she stated that children accidentally swallow hundreds of lithium-like batteries every year, and these batteries can cause a harmful chemical reaction, and here comes the role of Non-toxic bitter coating to prevent children from swallowing these batteries. Apple's argument against such batteries is that the bitter substance may cause the battery to not work and the battery should not have any coating so as not to affect its contacts.
TSMC to supply 2nm chips for 2024
Apple chip supplier TSMC plans to manufacture 2nm chips by 2024, and the company plans to build a new 50-acre factory to manufacture these chips in Hsinchu, Taiwan, and manufacturing operations are set to begin in 2024. We may tentatively expect it to be A18 or M5 processors are the first to work with 2nm technology. Although there are no reports of this so far, TSMC is the only supplier of Apple processors and so it will be in the course of normal development.
iOS 15 update limits Siri functionality on third-party apps
Starting with iOS 15, iPadOS 15, macOS Monterey and watchOS 8, Apple will reduce the integration between Siri and third-party apps, significantly reducing the type and number of commands users will be able to invoke with it. On its developer support page, Apple says that a number of SiriKit commands will no longer be supported with the public release of all upcoming operating systems. Apple lists a total of 22 SiriKit commands that will no longer be supported, the most notable being that users won't be able to book an Uber ride.
Also, users of to-do and memo apps, such as Things 3 or Todoist, will not be able to create a new to-do list, delete a task, or edit a note by simply asking Siri. However, the ability to create new tasks will remain.
It is also not possible to pay bills using third-party applications, search for bills, or transfer funds between two accounts within a particular application. Apple is also reducing many of the Siri's CarPlay integrations, such as not adjusting the climate or seat settings, and more.
Rethinking Using the Apple Watch in Studies
Researchers are rethinking Apple Watch reliance in studies after finding inconsistencies in the data collected by it. Change without notice. Apple changes its algorithms regularly and without warning, so exporting the same data at different times may use different algorithms. In addition to heart rate variability, researchers looking at sleep tracking have encountered similar problems with changes in the algorithms.
This often prevents researchers from using commercial devices, resulting in the need for devices specifically designed to collect data for scientific studies. While this is relevant for some studies, it severely limits research into the medicinal value of commercially available products to users. Some researchers say that Apple should announce the changes it's making to algorithms or make raw data available for the Apple Watch.
Intel plans to make Qualcomm chipsets in the future
Intel announced today that it is collaborating with Qualcomm to manufacture some of Qualcomm's future chips. Intel 20A chips will be manufactured, which is expected to increase in 2024.
There's no word on what chips Intel will make for Qualcomm, and it says the 20A manufacturing process introduces RibbonFET, the first new transistor architecture since FinFET in 2011. 20A technology provides faster transistor switching speeds. Before 20A chips are ready, Intel will be working on Intel 7, Intel 4 and Intel 3 chips from 2021 to 2023.
Apple orders 100 million A15 chips for iPhone 13
Apple has ordered production of more than 100 million A15 processors with the improved 5nm technology, and Apple expects demand for the upcoming batch to be high and has asked its suppliers to increase production by more than 25% for this year's new iPhone. With this boost, the company's suppliers are expected to produce 100 million phones, compared to the 75 million they produced for the iPhone 2020.
iPhone 14 Pro will feature a solid titanium alloy body
In a new report, he said that next year's iPhone 14 series is expected to feature high-end models with a new titanium alloy chassis design, and according to the report, the use of titanium alloy will be one of the biggest changes in the chassis design, and Foxconn will be the exclusive manufacturer of titanium frames for the Pro models. If the report is accurate, the use of titanium in the iPhone will be the first of its kind. The company currently uses this material for some models of the Apple Watch 6, and the Apple Card is made of titanium, but the latest iPhones are made of aluminum and stainless steel.
Compared to stainless steel, titanium has a relatively high hardness that makes it more resistant to scratches, and its hardness makes it tough enough to withstand bending. It's as strong as steel but 45% lighter, twice as strong as aluminum while being 60% heavier. It is also more corrosion resistant compared to many other alloys.
◉ Apple called on customers and employees in some of its stores to wear masks again in order to get vaccinated twice, after the spread of the mutated Delta from the Corona virus, the most contagious and prevalent these days in the United States and various parts of the world.
◉ Nintendo announced that it will discontinue the Dr. Mario World game. Mario World for iOS, a game that was launched just two years ago. It is scheduled to stop on Monday, November 1 after the desired results were not achieved.
◉ Apple has released new public betas of iOS 15, iPadOS 15, watchOS 8, tvOS 15 and macOS 12 Monterey update.
◉ Google has updated the Google Maps application for iPhone devices to add support for widgets that can be added to the home screen.
◉ Apple has announced two games coming soon to the Apple Arcade platform, including the classic racing game Asphalt 8: Airborne by Gameloft and the adventure, puzzle, and RPG game Baldo.
◉ Realme is preparing to launch MagDart, a charging accessory for its upcoming flagship phone, which is very similar to MagSafe.
◉ Apple has stopped downgrading to iOS 14.6 and cannot go back to iOS 14.6.
◉ Mark Gorman, a journalist at Bloomberg, said that Apple plans to bring Face ID to Macs within the next two years.
◉ Apple is developing an external display that includes an A13 chip with a Neural Engine, according to a new rumor from 9to5Mac. The A13 chip is supposed to work with a Neural Engine like an eGPU or an internal GPU.