Mac OS Ken: 07.24.2014

Mac OS Ken

Ken Ray

Technology

4.7 • 996 Ratings

🗓️ 24 July 2014

⏱️ 18 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Financial Analysts Focus on New iStuff on the Way Apple Spent $1.6 Billion on Research and Development in the June-Quarter Wells Fargo Analyst Via Media on Apple Post Earnings Unofficial Resellers Taking iPhone 6 Pre-Orders in China EFI Firmware Update for Mid-2011 MacBook Airs Locking Up Some Machines Chitika: iPad Still Dominates Tabelt-Based Web Traffic Kobe Bryant Calls Jony Ive SaneBox: Bring Sanity to Your Inbox with a 2-Week Free Trial at

Transcript

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0:00.0	This is Mac OSKIN.
0:15.0	Wall Street waits for IStuff. China is not interested in waiting.
0:17.0	And more sports talk than on any previous edition of Mac OSKEN ever.
0:22.0	It's Thursday, July 24th, 2014. I'm Ken Ray and this is news from
0:27.8	Maco can. Brought to you by yours truly and supported by I-Chart magazine putting Apple and Tech News
0:35.1	in focus E-Y-E-I-Chart magazine available for iOS Newsstand now.
0:43.7	Financial analysts reacted to Apple's June quarter numbers in a sensible away as one could hope.
0:49.4	Bear in mind some of the numbers were disappointing to the analysts.
0:53.0	Yes, the company reported record June quarter revenue,
0:56.0	as well as record June quarter sales for both the iPhone and the Mac,
1:00.0	but analysts had been looking for even higher revenue for last quarter and higher guidance for the current quarter.
1:06.0	In a normal quarter, the lower than anticipated guidance might have been enough to dampen Wall Street's apple enthusiasm, but this is not a normal quarter.
1:15.6	This is the quarter in which Apple is expected to launch the iPhone 6, which should be the
1:20.0	start of a few fun releases in the holidays. The collective thinking of Wall Street
1:25.4	analysts, according to Fortune, we shrug and look forward to the fall launch. The
1:31.7	sights Philip Elmer DeWitt did his usual roundup of reactions to
1:34.9	Apple earnings and guidance. Janie Capital's Bill Choi. Rumored new products
1:40.6	including the Iwatch and iPhone 6 were not directly addressed on this call.
1:45.1	These new products should help improve the current anemic growth rates in developed markets.
1:50.4	Management did indicate that the wider than normal revenue guidance range was due to
1:54.0	Apple's many moving pieces, suggesting the possibility of a September availability of a
1:58.7	new product or two. It also likely accounts for the uncertain timing of the Beats deal.
	...

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