Apple believes pandemic decreases bill value: it will manufacture 75 million 5G iPhones, two Apple Watches and a new iPad Air - Apple estimates that the coronavirus pandemic will not beat its sales, as the Apple company has commissioned its suppliers to manufacture 75 million iPhones, virtually the same figure as last year, with four new models of the iconic phone that will be compatible with the new 5G telecommunications technology and will have different sizes, according to Bloomberg.
This is not the only novelty that the Tim Cook-led company plans for the next course, as it is preparing a new version of the iPad Air tablet, two new versions of the Apple Watch smart watch, its first headphones outside the beats show, a new model of the HomePod smart speaker and a new Apple TV box with a faster processor that makes it easier to use for video games.
All these forecasts, but especially the between 75 and 80 million iPhones that the American company plans to manufacture, in line with the figures for 2019 and 2018, show that Apple plans not to lower its sales pace even with the danger of a second wave of the pandemic. In fact, one of its Chinese manufacturing partners, Hon Hai Precision Industry Co (Foxconn) has already posted several announcements on WeChat, the popular Chinese messaging, social networking and payments app, to recruit new workers at its main iPhones manufacturing facility in Zhengzhou.
In fact, the Apple company's latest results in the second quarter of the year —between April and June, the third for Apple accounts-show an improvement in sales over the same period of the previous year. Despite the pandemic, Apple sold products and services for a total of $ 59,685 million between April and June (49,828 million euros), 11% more than the same period of 2019. Of those sales, just under half, 26,418 million, corresponded to iPhones (22,055 million euros), 2% more than the same period of 2019.
In the second quarter alone, Apple managed to place about 13 million iPhones alone among Chinese consumers, according to a CINNO report, a 225% growth over the previous quarter, which shows that recovery.
Apple believes pandemic decreases bill value
The Apple company, in addition, will launch a split of its shares, an operation that consists of dividing each share into four new securities, with the aim of making its value lower and affordable for small shareholders. The goal is that its capitalization will continue to grow in the markets, after recently exceeding 2 trillion dollars (1.66 trillion euros).
The New Line of phones for the last quarter of 2020 Apple will include four devices, all with 5G technology, and one of which, in its Pro version, will include the largest screen ever mounted on the brand's star device: a 6.7-inch OLED, reports Bloomberg.
The other Pro model will have a 6.1-inch screen, while the two normal models will have a 5.4-inch and a 6.1-inch screen. All of them will feature OLED technology with improved colors and greater brightness, an updated design with steel edges on the most expensive models and aluminum on the most economical, and the possibility of a dark blue finish on the Pro variants, instead of the green model that had on the iPhone 11.
The iPhone Pro will use the same camera as the iPad Pro, which improves the quality of augmented reality applications, as well as have an A14 processor, which should improve speed and battery saving.
Among the concerns of these 5G models is whether the new standard, which is still in deployment, will improve the connection speed all that is expected, and whether integrating this technology can generate a shorter battery life.
Apple plans to launch the Pro models to the market first, although a little later than in previous years, when they had come out about September 20, this way could be the year when the new iPhones came out later since 2017, when the iPhone X was marketed in November.
Among the new devices being prepared by the Tim Cook-led company will be two new Apple Watches, one to replace the 5 series, which will include improvements such as the sleep tracking feature, and another for the 3 Series, which could be a rival for low-cost smart watch and bracelet models, such as Fitbit, according to Bloomberg.
The new iPad Air, 10.8-inch, will be more similar to the Pro model of the tablet and with fingerprint recognition on the power button. Plans for the next iPad Pro seem to be delayed, as already pointed out at the start of the coronavirus pandemic.
The Apple company is preparing a new version of its HomePod smart speaker that is also cheaper than the current one and that improves the functionality of the Siri personal assistant. It also prepares a new multimedia box for connecting to the Apple TV that improves the player experience and with an updated remote control, although this device will not be available until 2021.
Finally, Apple is working on the AirTags, a small Bluetooth location devices that can be attached to objects to have their location located, with a technology similar to the Find My iPhone system that helps determine the location of the phone in case of loss.
End of Apple believes pandemic decreases bill value
Zoom, triggered by the pandemic: quadruples its revenue in the last quarter and expects to continue to grow for the remainder of the year
The boom in video calls due to containment by the coronavirus pandemic continues to boost Zoom's business, which quadrupled its revenues in the last quarter to $ 663.5 million (554.3 million euros) between May and July, 355% more than the same quarter of the previous year, and double what it entered between February and April, when it received $ 328.2 million (274 million euros).
Aside from the cybersecurity problems that were blamed on it in the first months of the confinement, the company founded by the sinoamerican Eric Yuan continues to skyrocket in its growth that in the last quarter —the third of fiscal year 2021 for the videoconferencing company, which closes its annual accounts in January-has continued to break records.
Zoom multiplied by five the number of companies with more than ten employees who hired their services compared to the same period of the previous year, to add 370,200 companies to its videoconferencing service, which last October had only 82,000 customers of this type. Of its customers, almost one thousand (988) paid more than $ 100,000 for the service, which means that in this period 219 customers were added to this group, twice as many as in the previous quarter.
"Companies are moving from meeting the immediate need to continue their business to planning a future where they can work, learn and connect anywhere on the Zoom platform," Yuan said in a statement in which the company released its quarter results.
The announcement of its quarterly accounts, which exceeded analysts ' best forecasts, boosted the valuation of Zoom's shares by 25% after the close of the market (in which they exceeded $ 400 per share), and its value stood at $ 114 billion (95.2 billion euros), the equivalent of half of the market capitalization of a telecommunications giant like AT&T.
Far from thinking that its growth is part of the juncture of the pandemic, Zoom propose that the need for services to work remotely from companies will continue to grow, which has led him to revise his income forecasts for the next quarter, set between 685 and 690 million. Expected growth, however, would be much lower between quarters than they had until July, when it almost doubled April's results.
The positive outlook will also affect its annual results, which it expects to be between $ 2,370 and $ 2,390 million. "This forecast takes into account the demand for solutions for remote work of companies," the company adds in its publication of quarterly results.
With the challenge of serving a huge mass of new users, one of the company's priorities will be to hire new sales staff and engineers to take advantage of the upward curve. Until April, the company had 2,854 employees, almost double the 1,958 it had a year earlier.
With two new development centers open in the United States, their goal is to "balance" their team of Engineers to make the team less dependent on centers located in China, the company's Chief Financial Officer, Kelly Steckelberg, admitted at a conference with investors.
However, the executive assured that Zoom will continue to have offices in the Asian giant. "We have No plan to move our technological talent out of China," Steckelberg added in statements reproduced by the Financial Times.