Apple’s Q4 guidance of $34 billion-$37 billion may indicate a late September release for the next iPhone.
“We don’t think that Apple can hit its newly issued revenue guidance for the September quarter unless it launches new products,” BTIG analyst Walter Piecyk wrote.
”After delivering $35 billion in revenue in the June quarter, management guided to $34-$37 billion next quarter. Revenue would more typically drop multiple billions if the company had no new products planned. With September quickly approaching, this could be the start of a string of new product announcements that increase investor confidence in Apple’s ability to return to EPS growth next year,” the analyst added in a research note.
Foxconn has begun a process of hiring 90,000 people, all of which will be part of the teams that will produce the iPhone 5S in the next period, Taiwanese publication Focus Taiwan reports.
According to the report, people at Foxconn haven’t begun to produce the iPhone 5S yet and the process is set to start after a sufficient number of employees enter the factory.
The company had successfully tested the production lines of the new device and they are waiting for employees to begin the manufacturing process.
The iPhone 5S will feature a fingerprint scanner, and last week’s release of the iOS 4 beta 7 comes to prove it, because its file system includes a confirmation that it will be implemented directly in the Home button.
Besides the fingerprint scanner which will be implemented in the iPhone 5S, the iOS 4 beta 7 also shows the fact that the next iPhone is going to feature an A7 chip with a processor that has a S5l8960X code produced by Samsung.