Apple will beat its own top-end guidance when it announces Q3 results tomorrow, say analysts

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Fortune ran its usual poll of more than two dozen analysts, with the consensus view echoing earlier predictions that Apple will beat its revenue guidance of $36-38B by reporting $38.4B for its fiscal Q3 (calendar Q2). Gross margin is also expected to exceed Apple’s guidance of 37-38 percent, at 38.1 percent. This follows forecasts that iPhone sales would climb 15 percent year-on-year, while iPad sales will be flat.

Business Insider reports that Wall Street is once again expecting significant growth from AAPL.

46 Apple analysts rate the stock a buy, 13 call it a hold, and only 4 thinks it’s a sell. Citigroup, which was bearish on the stock, changed its analyst coverage and rated the stock a new “buy.” JMP securities upgraded the stock to outperform Monday morning. Other analysts have raised their price target …

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EU accuses Apple of dragging its feet on protections for ‘misleading’ IAP-driven free apps

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The European Commission has complained that Apple is taking too long to implement protections for freemium games in the App Store, reports BBC News. The Commission has decreed that both Apple and Google, the two biggest app store vendors, must make the “true cost of apps” clear before purchase. However, officials are upset that Apple has not yet committed to any such measures.

“Regrettably, no concrete and immediate solutions have been made by Apple to date to address the concerns linked in particular to payment authorisation,” the Commission said in a statement.

“Apple has proposed to address those concerns. However, no firm commitment and no timing have been provided for the implementation of such possible future changes.

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4.7-inch iPhone production to start third week of July, 5.5-inch second week of August as Foxconn confirms hiring of 100K workers

 

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Apple is set to begin mass production of the next-generation iPhone next week, the Economic Daily reported today. According to the report, the smaller 4.7-inch model will enter production in the third week of July, while the larger 5.5-inch variant will enter production in the second week of August. The bigger of the two models is said to be facing production setbacks that could lead to a much later launch date than its smaller cousin.

iPhone manufacturer Foxconn added some credence to the timing of the production rumors by officially confirming plans originally reported earlier this month to hire 100,000 new workers to build the upcoming device. Sapphire crystal for the displays (which we’ve recently seen in multiple videos) has been in production at Apple’s Mesa, AZ plant for several months now in preparation for mass production.

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Asus reportedly sold more tablets than Apple in Japan during first half of 2014

Image via TechSmartt

Image via TechSmartt

According to figures released by market research company BCN, Asus sold more tablets than Apple during the first half of 2014 in Japan. Asus’ market share rose 8 percent year-over-year during the first half of 2014, the report claims, giving it a 38.9 percent portion of the tablet market in Japan. Apple, on the other hand, holds a 36.4 percent share (via Nikkei). This is the first time Asus has ever held the top spot in Japan, according to the report. Read more

Sketchy rumor of 13MP camera in iPhone 6, as earlier battery power rumor backed by claimed photo

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GforGames is citing a Chinese web forum for a rumor that the iPhone 6 camera will get a bump from 8MP to 13MP as Apple switches to to an improved version of the Sony Exmor sensor. The Sony Exmor IMX220 is a larger 1/2.3-inch sensor that can support up to 20MP, but Apple is said to be planning to use it in its 13MP incarnation.

While a Chinese web forum is generally as unreliable a source as you can get, GoforGames claims that this one has a good track-record with Sony-related rumors …  Read more

NFL Sunday Ticket streaming to be supported on iOS, Mac without a satellite subscription for 2014 season

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For the first time ever, users who do not subscribe to DirecTV service will have access to the NFL’s Sunday Ticket service on their mobile devices and computers for the 2014 season. During previous seasons, Sunday Ticket users had to have an active DirecTV satellite subscription to stream the games. While no official announcement has been made, DirecTV has published a promotional page for the service, advertising the fact that users can now “access live, out-of-market NFL games without a DIRECTV satellite TV account.

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