Jul 31, 2020 10:16:00

Apple announces results for the third quarter of 2020, revealing that the release of the new iPhone will be delayed

Apple has announced its financial results for the third quarter of 2020 (April-June). At the financial results briefing held for investors at this time, Apple's CFO Luka Maestri said, ``We started selling the new iPhone in late September 2019.In the case of 2020, it will be released several weeks later. It is expected that it will be delayed,' said the release date of the new iPhone in 2020 is expected to be later than the conventional end of September.

Apple Reports Third Quarter Results-Apple

https://www.apple.com/newsroom/2020/07/apple-reports-third-quarter-results/

Apple confirms new iPhones won't arrive in September-The Verge
https://www.theverge.com/2020/7/30/21348738/apple-iphone-12-launch-delay-october

Apple announces 4 to 1 stock split as shares cross $400 following record Q3 earnings-9to5Mac
https://9to5mac.com/2020/07/30/apple-announces-4-to-1-stock-split-as-shares-cross-400-following-record-q3-earnings/

Apple announced its earnings for the third quarter (April-June) on July 30, 2020 local time. Apple's revenue in the same quarter was 59,685 million dollars (about 6,240 billion yen), an increase of 11% compared with the same period last year despite the influence of the new coronavirus, which is the third quarter Is the highest sales ever. In addition, 60% of sales come from sales outside the United States.

Comparing sales by product, iPhone is $ 26,418 million (about 2,760 billion yen), Mac is 7,079 million dollars (about 740 billion yen), iPad is 6,582 million dollars (about 690 billion yen) , Wearable Home Accessories Division is $6.45 billion (about 670 billion yen) and Service is $13,156 million (about 1,380 billion yen). Sales in all product categories increased year-on-year.

In addition, Apple announced a four-for-one

stock split . This is due to Apple's share price rising by over 80% over the past year. At the end of the transaction on August 24, 2020, the shareholders of the company will receive 3 new shares for each share held, and the transaction after the stock split will start on August 31, 2020. Apple said the stock split 'will broaden the investor base with access to stocks.'

Maestri CFO acknowledged that the release date of the iPhone will be delayed in the financial results briefing session that accompanied the earnings announcement, but did not explain the reason for the delay. However, it has been reported that there is a delay in iPhone production, such as a closing order issued to Foxconn's factory that undertakes iPhone production due to the new coronavirus pandemic, and the factory supplying the iPhone camera module closed. I came. In the 5th week of July 2020, Qualcomm's Akas Parquivara CFO, who supplies chips to the iPhone, said, ``Some flagship smartphones will be released from the quarter including September to the quarter including December. It seems that it will be slightly delayed.' It is also reported that this may suggest that the release date of the iPhone is delayed.

Apple announced the new iPhone every September and launched it at the end of the month. It is unknown how much the new iPhone in 2020 will delay the release, but it is quite possible that Apple will hold the new iPhone in September 2020 as before. It should be noted that this is not the first time that Apple has delayed the release date of the iPhone, and although the iPhone X that appeared in 2017 was announced in September, it will be released in November due to production delay. In addition, the iPhone XR announced in September 2018 also had a problem with the manufacture of the LCD display, so it will be released in October.