Let’s Talk Apple – Ep. 35 (July 2016)


Let's Talk Apple Logo

Panel:

The show starts with a few follow-ups to some stories from June, before having a quick look at some notable numbers and Apple-related legal stories which broke in July. The four main stories are Apple’s Q3 2016 earnings call, Apple Watch’s place at the top of the J. D. Power Smart Watch Satisfaction survey, some staffing changes at Project Titan, and the sale of ARM to SoftBank. The show finishes with a quick rundown of some other shorter stories that made the news in July.

You’ll find detailed show notes below the fold, and if you enjoy this free show, please consider clicking on the donate button at the top of the left side bar – the show is free for you to listen to, but not for Bart to Produce!

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Followups
Notable Numbers
  • Apple ships their Billionth iPhone – www.macobserver.com/…
    • How long it took Apple to reach different iPhone sales landmarks ("Apple took about 2,450 days to sell the first 500 million iPhones and only 836 days to sell the second 500 million") – www.loopinsight.com/…
    • Numbers from Asymco show that the iPhone is not just the most popular phone, but the most popular product of any kind ever – www.asymco.com/…
    • How many of every product Apple sell every second – www.everysecond.io/…
Legal Latest
  • 68 major corporations, including Apple, challenge North Carolina's anti-Trans bathroom law in court – www.recode.net/…
  • Apple settle a patent case in East Texas for $25M. The patents cover Spotlight, Cover Flow, and the Time Machine – arstechnica.com/…
  • The US Supreme Court agrees to hear Samsung's appeal against Apple on October 11 – www.imore.com/…
Main Stories
  1. Apple report Q3 2016 Results – www.apple.com/…
    • The numbers:
      • Revenue: $42.4Bn (49.6Bn YAQ, -15%)
      • Net Income: $7.8Bn or $1.42 per diluted share ($10.7Bn or $1.85 per diluted share YAQ)
      • Gross Margin: 38% (39.7% YAQ, )
      • 63% of revenue came from international sales
      • Dividend of $0.57 per share announced
      • iPhone Sales: 40.4M (47.5M YAQ, -15%)
      • iPad Sales: 9.95M (10.9M YAQ, -9%)
      • Mac Sales: 4.25M (4.8M YAQ, -11%)
    • Despite a 27% drop in profit, Apple beats analysts expectations – arstechnica.com/…
    • Apple Pay sees 450% YoY growth, and accounts for 75% of all contactless payments in the US – www.imore.com/…
    • Tim Cook hints that Apple have big things in mind for Apple TV – www.macobserver.com/…
    • Transcript of Tim Cook's remarks – www.imore.com/…
  2. Apple Watch tops J.D. Power smartwatch satisfaction rankings – www.macobserver.com/…
  3. Project Titan (car project) Staff Changes
  4. ARM, the company that licenses the chip design Apple use in their A-series SOCs is to be sold to SoftBank for $32Bn – www.macobserver.com/…
Quick stories
  • Having hosted a fundraiser for Republican House Speaker Paul Ryan, Tim Cook to host a fund raiser for Hillary Clinton on 24 August – www.imore.com/…
  • Parkopedia to provide parking services to Apple globally – www.prnewswire.com/…
  • Apple improve Apple Music by giving DRM-free matching like Apple Match already gives – www.macworld.com/…

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