Wednesday, August 2, 2017

THE GOSSIP: The latest from Apple and iPhone 8

Apple reports solid quarter; consumers eye new iPhone

Consumers aren't apparently waiting until the fall to buy shiny, new iPhones.
Apple had a good fiscal third-quarter on Tuesday with sales and earnings that exceeded Wall Street's expectations.
Apple announced revenue of $45.4 billion and earnings of $1.67 per share, compared to the year-ago quarter of $42.4 billion and $1.42, respectively.

Apple results could hold clues to iPhone 8 sales date

SAN FRANCISCO — Apple's next iPhone is coming. But when, exactly?
Buried in Apple's third-quarter results late Tuesday may be details about the availability of its redesigned iPhone 8, expected to be announced in early September.

iPhone 8 sales are forecast to be blockbuster

SAN FRANCISCO — The most significant update to the iPhone in three years promises not only to upend the smartphone market but Apple's financial results for several quarters.
On the heels of the iPhone's 10th anniversary this week, and before Apple unveils its expected new models in September, analysts expect flat year-over-year iPhone sales as consumers wait for the revamped phones. After that, however, they expect record-setting sales, dwarfing the success of the wildly popular iPhone 6.

'Big, big, big': Trump tells paper Apple has plans for 3 U.S. plants

SAN FRANCISCO — Apple plans to build “three big plants, beautiful plants" in the U.S., President Trump said in an interview Tuesday, claiming assurances he received from Apple CEO Tim Cook.
“I spoke to (Cook), he’s promised me three big plants — big, big, big,” Trump told the Wall Street Journal in a 45-minute interview. “I said you know, Tim, unless you start building your plants in this country, I won’t consider my administration an economic success. He called me, and he said they are going forward.”

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