Wall Street expecting Apple to report year-on-year revenue fall of 0.2 percent

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The consensus view of 40 analysts polled by Fortune is that Apple’s year-on-year revenue for its fiscal Q2 (Q1 of the calendar year) has fallen by 0.2 percent to $43.6B. This follows earlier predictions that iPhone sales will have grown two percent, and iPad sales will have dropped by 0.7 percent.

Most of our analysts (31 out to 40) are playing it safe, offering estimates within the range of Apple’s guidance — between $42 billion and $44 billion.

Seven think Apple will beat its revenue guidance — by half to three-quarters of a billion dollars, according to Merrill Lynch’s Scott Craig and the Braeburn Group’s Patrick Smellie, respectively. Two analysts – Credit Suisse’s Kulbinder Garcha and the Braeburn Group’s Sunil Shah – think Apple’s revenue may actually have fallen year over year …

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iPhone sales could be threatened as subsidized costs become more visible, say analysts

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How much did your iPhone cost? If you said $199, $299 or even $399 you’re somewhere near $350 off. As some consciously forget, the carriers often shield the owner from the real total cost of the iPhone. That may not last.

iPhone sales could be hurt as carriers switch from so-called subsidized contracts, where customers pay only a fraction of the cost a new iPhone up-front, to deals where the true cost of the phone is more visible, argues a piece in the WSJ.

Many U.S. iPhone customers are not aware that the full cost of an iPhone ranges from $549 for a 16GB 5c to $849 for a 64GB 5s. The reason is that carriers have traditionally asked for only $0 to $200 up-front, hiding the balance of the cost in the monthly tariff. With carriers now switching to separate instalment costs for the phone, and the cost of upgrading every year or two more visible to consumers, analysts believe some will choose to upgrade less often …

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Apple teases Samsung in new environmental print ad: ‘There are some things we want every company to copy’

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As part of its recent environmental campaign, Apple has taken out some tongue-in-cheek full-page print advertising in newspapers around the world today. The ad reads ‘There are some things we want every company to copy’. The ad was first spotted by David McClelland on Twitter. (Hi-res version below:)

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Next-gen iPad Air front panel with integrated display reportedly shown in leaked photos

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New photos that reportedly show the front panel of a next-generation iPad Air have surfaced. Originally shared by One More Thing, the front panel appears to have an integrated display. This notable change could result in an even thinner iPad Air, or leave room for Apple to rework the hardware and add additional components.

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Analyst forecasts suggest iPad sales have peaked, expect YOY decline this quarter despite 13% holiday growth

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As highlighted by Fortune, analysts’ consensus on iPad sales for last quarter suggest that iPad sales will actually decline year-over-year by about 0.7%. Although the expected decline is small, this would represent a big shift in iPad momentum, especially since Apple saw a strong increase in sales for the holiday quarter, going from 22.9M units in the previous year to 26M this year.

If iPad sales have fallen, it wouldn’t be because of different market conditions to last year. Apple introduced the iPad Air at the end of 2014 around a year from the introduction of the iPad 4 at the end of 2012. Last year, Apple dropped the price of the iPad Mini a modest $30 while also introducing the highly anticipated retina iPad Mini. In 2012, it introduced the iPad mini. The product cycles are similar, so the decline isn’t due to any artificial inflation of sales last year.

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iPhone 6 renders based on recent case leaks show off rumored edge-to-edge screen

Nowhereelse.fr has commissioned designer Martin Hajek to mockup the iPhone 6, using the most recent leaks about the upcoming device.

The renders, shown above, use the supposed iPhone cases pictured on Wednesday and leaked schematics from late March to envisage the look of the future iPhone. Naturally, the most striking change is the display, stretching almost edge-to-edge.

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