iPhone 5

Analysts are predicting that Apple (AAPL) will announce record sales and earnings in today’s fiscal Q4 (calendar Q3) earnings call, reports Fortune.

I’ve got the collected fiscal Q4 estimates of 33 Apple analysts — 21 professionals and 12 amateurs. They are all to a man (and one woman) predicting record Q4 sales and earnings (up 7.1% and 11.9%, respectively).

The analysts also expect earnings per share to be up 12% year-on-year, to $1.32 … 
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Update: Repair Extension Program…

Long-standing complaints that the 2011 MacBook Pro suffered from a manufacturing fault resulting in GPU glitches and failures don’t appear to be going away, as an online petition calling for Apple to fix or replace affected machines reaches more than 18,000 signatures.

To:
Timothy D. Cook, Apple Inc
Craig Federighi (Apple Inc) (Apple Inc), Apple Inc

Replace or Fix All 2011 Macbook Pro with Graphics Failure

The petition notes the premium spent to buy Apple laptops, and says that Apple’s only response to date has been to ask owners to pay for an extremely expensive logic board replacement … 
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The iPhone 6/Plus finally went on sale in China this morning after regulatory delays, in contrast to last year’s launch of the iPhone 5s and 5c in China on the same day as the US … 
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Apple’s iTunes Store has just made a little bit of a slip-up (and with perfect uncanny timing): screenshots for the iOS 8.1 iPad user guide have just appeared within iBooks and include Apple’s upcoming iPad Air 2 and iPad mini 3. Of course, Apple will be formally debuting these devices tomorrow.

The screenshots confirm that both new tablets will include nearly identical designs to their predecessors and the addition of Touch ID sensors in the Home button. Another new feature confirmed by this leak is a new Burst Mode (first introduced with the iPhone 5s) for the iPad Air 2 (image below).

These images also indicate that the new tablets will be named “iPad Air 2” and “iPad mini 3,” which means that Apple will bringing the numbering scheme for names back to the iPad lineup. Of course, the presence of this user guide means iOS 8.1 (with Apple Pay) is likely to drop tomorrow, too.

Besides the tweaked designs and Touch ID sensors, a gold color option, and a stronger A8X processor, improved camera optics, and new software can be expected at least on the new Air. Apple will also discuss the Mac line tomorrow, including the new iMac with Retina display and OS X Yosemite.

Boom?

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Morgan Stanley’s Katy Huberty has added AAPL to its Best Ideas list of investments, saying that increased margins from iPhone 6 sales see the stock “set for significant upside.”

While Credit Suisse had earlier suggested that margins on the iPhone 6 would be lower than that of the iPhone 5s and 5c, Huberty says that numerous sources are suggesting that more people this time are opting for the middle storage tier, thus pushing up both average selling price and margins … 
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Ahead of next Thursday’s Apple event, new images purportedly showing parts for the new, full-sized iPad have emerged. Photos re-published by blog apple.club.tw show a full logic board for the new iPad Air as well as parts for the new Home button, glass screen cover, and audio control components. At first glance, the new iPad Air logic board does not reveal too much new, but adjusting the colors of the image shows a fairly unexpected addition: an A8X system-on-a-chip:

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Consumer Reports released a new video today taking on claims of overly-flexible iPhones that have appeared online recently. Apple noted that only a handful of complaints have come in and gave journalists a look at its testing procedures. Regardless of Cupertino’s claims, Consumer Reports kept its promise to conduct testing that was a bit more scientific in nature than previous YouTube videos.

To address these claims, several different phones were tested under up to 150 pounds of pressure to see when each model would stop “snapping back” to its original shape. The devices tested were the iPhone 6 Plus, iPhone 6, iPhone 5, HTC One M8, Samsung Galaxy Note 3, and LG G3.

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[youtube=https://www.youtube.com/watch?v=zpx6r5FVXPo&start=47]

In iFixit’s ritual dismantling of the iPhone 6 and 6 Plus last week, the repair company noted that Apple had started including rubber gaskets around the power and volume buttons likely in an effort to make the iPhone more water and dust resistant.

Similar gaskets surround the volume buttons. Altogether, this seems to represent a move toward increased water/dust resistance, and therefore improved durability.

iFixit

How did Apple do? Well iPhone warranty provider Squaretrade was able to dunk both the 6 and 6 Plus for 10 seconds without any real damage. While this is indeed nice to have, especially for those of us who like to take our iPhones with us to the pool, it is by no means a guarantee like Samsung and Sony have on some of their phones.

And then there is the toilet. If you are willing to go after your iPhone 6 within a few seconds, you might actually have a good chance at saving it.

The slightly amphibious nature of the iPhone 6 isn’t entirely new either. Previous iPhones have been able to go underwater for a few seconds (see iPhone 5c below) but as you can see buttons and features rapidly begin to fail. 
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Reuters is reporting that Apple has now received one of the two licences needed to allow it to sell the iPhone 6 in China. There is no word yet on the second licence required before the iPhone 6 and 6 Plus can be launched in this hugely important market.

Apple Inc’s iPhone 6 received regulatory approval for use on domestic frequencies but still requires one more critical licence before it may be sold in the country, the official Xinhua news agency reported on Thursday […]

Apple still needs to obtain a critical network access licence for the iPhone, after which sales may begin, Xinhua said …

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Credit Suisse analysts have estimated that Apple is making a smaller margin on the iPhone 6 than on any previous model – but predicts that the impact will be offset by year-on-year revenue growth of 14 percent, reports Quartz.

The iPhone 6 costs Apple $350.60 to produce, all in. Apple typically receives $599 on the retail price of $649, leaving it with $248.40 in gross profit. That’s 41.5%. Still very healthy, but not at the levels of previous models.

In contrast, the iPhone 5s left Apple with $274.30, giving it a 45.8% margin. The two-year-old iPhone 5 gave Apple $293.70 per unit, or 49% …

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The WSJ revealed some iPhone 6 production numbers as Foxconn struggles to meet demand from pre-orders: the company is operating around 100 production lines around the clock, has 200,000 workers dedicated to production of the iPhone 6 and iPhone 6 Plus – and is manufacturing 540,000 units a day.

“We have been churning out 140,000 iPhone 6 Plus and 400,000 iPhone 6 every day, the highest daily output ever, but the volume is still not enough to meet the preorders,” said a person familiar with the matter …

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The iPhone 6 and iPhone 6 Plus will finally be available to the public this Friday, September 19th, but early reviews of the two new devices have gone live this evening from several publications. The iPhone 6 is the biggest iPhone yet, coming in with a 4.7-inch display, while the iPhone 6 Plus packs an even larger 5.5-inch panel. Both of the models feature “Retina HD” displays. The internals of the devices have also been upgraded to include a new second generation 64-bit A8 chip that Apple claims is 25% faster CPU-wise than ever before and 50% faster graphically.

Both models of the new iPhone went up for pre-order this past Friday and Apple says the devices set an all-time pre-order sales record. You can read our round-up of all the product reviews below:

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Bloomberg is quoting a report from the major Chinese business paper 21st Century Business Herald that the iPhone 6 may not go on sale in China this year due to regulatory delays. Apple was unable to confirm a launch date in the country.

Apple may have to wait until next year to get approval for new iPhones in China after failing to reach agreement with the Ministry of Industry and Information Technology this month, the 21st Century Business Herald reported today, citing an unidentified person close to Apple.

Carolyn Wu, a Beijing-based spokeswoman for Apple, said she couldn’t provide a date for the China release. “China is a key market for us and we will get here as soon as possible,” Wu said in an e-mail today …

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[youtube=https://www.youtube.com/watch?v=eQopSbASO40]

The iPhone 6 leaks are coming fast and furious ahead of Tuesday’s event. This latest video is a supposed review of the iPhone 6 in Mandarin. We won’t know how legit it is for another 48 hours but it is certainly convincing.

One notable feature of these latest leaks is the Passbook (which they conveniently failed to open) icon which looks to have a Credit card on top. Update: The Weibo Account owner opened up Passbook and screenshotted (below)

A brief translation of the video from Stan1028 below (more in comments):
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