I hope you’ve got all had a terrific week (pretty much as good as it may be, given the circumstances), as a result of apparently, Apple definitely has had a terrific yr, pandemic or not.
That is proper. This week was Apple’s third-quarter earnings name, which we have now the full transcript of proper right here. And despite the fact that this yr has been arduous for lots of people, plainly Apple is doing tremendous. In truth, it is doing fairly nice, with its inventory hitting a brand new all-time excessive. As of this writing, AAPL is sitting at $425 a share, and the corporate began the yr with a worth of round $300, if I bear in mind appropriately.
Talking of AAPL, the corporate additionally introduced a shocking 4-for-1 inventory cut up on account of their sturdy third monetary quarter. This cut up will happen on August 24, 2020, and it implies that present shareholders will see each share that they’ve cut up into 4 shares at about $100 every. The split-adjusted buying and selling begins on August 31, the place every share will then be round $100 to buy. The objective of the inventory cut up was to make acquiring shares of AAPL extra accessible to everybody, who could have been postpone with having to drop a number of hundred simply to acquire a single share. The final time that Apple did this was again in 2014 with a 7-for-1 cut up. I am positive that present shareholders can be glad.
Nevertheless, regardless of all the excellent news from the earnings name, Apple has confirmed that there can be a slight delay for the iPhone 12. Normally, Apple holds the autumn iPhone occasion in September, however Apple CFO Luca Maestri mentioned that the iPhone 12 can be launching a couple of weeks later. We’re guessing round mid-October, however we aren’t positive if this delay is for the announcement or the precise launch of the machine. I assume we are going to discover out as soon as September rolls round. I am not shocked concerning the delay in any respect, however I assume that simply means I am holding on to my iPhone 11 Professional a tiny bit longer than I supposed.
Even so, there’s nonetheless iOS and iPadOS 14 to look ahead to (hopefully no delays there). Our personal Joe Keller wrote two extra incredible items about Shortcuts and automation in addition to folders in Shortcuts, and I like to recommend giving them a learn. Shortcuts can definitely provide help to save time for ceaselessly repeated actions, so automations and organizational folders a pleasant addition.
It is also nearly time for college students to move again to highschool, although there could also be much more on-line studying than earlier than. However don’t fret, these nice apps I rounded up (geared in direction of school college students, however may apply to highschool) ought to provide help to out, so make sure that to offer them a strive. And if you wish to take a break from hitting the books so arduous, do not forget to take a look at a number of the finest Nintendo Change video games!
Anyhow, that is a wrap for this week. See you subsequent time!
- Christine Romero-Chan
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