Apple held its Q3 2012 financial results conference call this night. we’ve posted a full transcript of the decision.
From the call, Apple discusses their expectations for the following quarter which runs via July, August and September. in particular, Apple CFO Peter Oppenheimer expects gross margins to decline in the next quarter due to a “Fall transition”. He used to be unwilling to offer more important points on direct questioning:
A: “Fall transition” that I spoke about is using lots of the decline that we see sequentially in gross margin. no longer something that we will talk about in any degree of detail these days. we could now not be more assured in our new product pipeline.
Apple uses such phrases as “Fall transition” to represent adjustments to their product lines. decrease expected gross margins may point to new products with decrease costs. the apparent speculation would level to the a lot rumored smaller/more cost effective 7.eighty five” iPad. regardless of the “fall transition” is, Apple expects it to happen ahead of the end of September in order for it to impression the following quarter.
Apple was additionally asked concerning the influence of rumors and speculation on their gross sales
Q: Rumor and hypothesis, how much does it damage gross sales within the quarter?
A: there is quite a lot of speculation out there. it’s tough to kind out but i’m reasonably yes that there’s an implausible anticipation available in the market for future merchandise. As you could possibly predict given what we have now been ready to deliver prior to now. i think it can be a reasonable quantity.
And later…
are attempting very onerous to maintain our product roadmap secret and confidential. We go to extremes to try this. That, alternatively, would not stop people from speculating or wondering and they’re going to by no means do this. the beauty of this u . s . is that people can say what they believe and so-forth. i am no longer going to spend any power seeking to alternate that. i’m glad that folks need the following factor. i am tremendous happy about it. There are clearly quite a couple of that need what we’re doing now as neatly. i’m now not going to position any energy into trying to get folks to prevent speculating. i do not assume it will amount to anything.
eventually, Apple is still confident about the Apple television, and continues to believe in it regardless of it being a comparably smaller market.
Q: Did you give an Apple tv number and updated thoughts?
A: sold 1.three million closing quarter, up more than 170% yr over year. Brings fiscal year to four million devices. this is lovely implausible. still at a level that we’d call a “interest” — proceed to tug the string to see the place it takes us. no longer one to keep round projects that we do not believe in. Lot of individuals right here that believe in Apple television. proceed to speculate.
Q: don’t do leisure pursuits to be hobbies — do it to make something larger?
A: We do it because we expect it will lead us somewhere. we will see. four million is not a small number and there are quite a lot of believers in it.
now we have a full transcript to be had from the call.
recent Mac and iOS weblog tales
• windows Malware Stows a journey in iOS App store App
• Radio Shack offering "Refreshed" and "Remanufactured" 16GB iPhone 4S for $ninety nine.99
• Apple Sends Out final Reminder of July 31 iWork.com Shutdown
• Apple Wins eu sales Ban on Samsung Galaxy Tab 7.7, Loses enchantment on Galaxy Tab 10.1N
• iOS 6 Beta removes Requirement to Enter Password to download Free Apps and upgrades [Updated]
extra: persevered here