Apple earnings present sturdy iPad and Mac gross sales can’t make up for the iPhone

An older man in a white polo shirt flashes a peace sign while walking outdoors.

Enlarge / Apple CEO Tim Cook dinner. (credit score: Patrick T. Fallon/Bloomberg by way of Getty Photos)

Apple introduced its fourth-quarter earnings at the moment after the bell, and it was one thing of a wierd quarter as a result of, not like some earlier years (together with final 12 months), this quarter’s numbers didn’t embody an iPhone launch. The iPhone 12’s varied fashions ship in October and November as an alternative of September this 12 months.

CEO Tim Cook dinner proudly introduced double-digit YOY progress in all product classes in addition to iPhone on the decision, however the iPhone is necessary: Apple’s complete income was up only one p.c year-over-year, with iPhone income down virtually 21 p.c.

Whereas the iPhone did not assist push up the underside line, Apple did launch different merchandise through the interval, together with the redesigned iPad Air and two Apple Watches: the Apple Watch Collection 6 and the Apple Watch SE. iPad income was up a considerable 46 p.c YOY (it totaled $6.eight billion), and Mac income was additionally sturdy at $9 billion, or 28 p.c greater than the identical quarter final 12 months.

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At the moment is iPhone 12 and iPad Air launch day, however don’t anticipate speedy delivery

As beforehand introduced, Apple has begun delivery orders of the iPhone 12, iPhone 12 Professional, and redesigned iPad Air, with the primary orders arriving right now. That is the launch day for all three merchandise, and new orders are now not thought-about preorders on Apple’s web site. The merchandise are additionally out there in Apple’s retail shops right now.

Word, although, that right now marks the day the first preorders are ending up in customers’ arms. Shortly after these merchandise went on sale, delivery dates for brand spanking new on-line orders started to creep past the discharge date and into November. And on the time of this writing, new orders of the iPhone 12 Professional fashions are delivery in the US between November 13 and 20, Apple’s web site says, and the iPhone 12 is delivery between November 2 and 4. The iPad Air is delivery someday between November 12 and 18.

Apple has but to start delivery the smallest and largest new iPhone fashions—the 5.4-inch iPhone 12 mini and the 6.7-inch iPhone 12 Professional Max. Solely the 6.1-inch iPhone 12 and iPhone 12 Professional are going out right now. The opposite sizes will likely be out there in November, Apple says, together with the brand new HomePod mini sensible speaker.

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iPhone 12, iPhone 12 Professional, and iPad Air orders have begun

Preorders started immediately for 3 main new Apple merchandise: the iPhone 12, iPhone 12 Professional, and iPad Air. All these units can be found for order on Apple’s web site, however none is transport immediately.

The deliberate ship dates for all of those units was October 23, however some are already backed up into November. In some circumstances, it will depend on the configuration that you simply select. On the time of this writing, some iPhone 12 and iPad Air configurations are transport later, however others are nonetheless itemizing October 23 because the ship date. Alternatively, each iPhone 12 Professional configuration we checked out guarantees to ship both later in October or someday in November.

Moreover, Apple appears to have normalized the price of the iPhone throughout all carriers after an preliminary uproar in regards to the cellphone being introduced at a barely cheaper value level on AT&T and Verizon.

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