iPhone News Updated

New Apple iPhone 3Gi: Hilarious

The Onion have just announced the exclusive news of Apple’s new iPhone, this iPhone is said to be the fastest and most powerful iPhone yet, not only this but the new iPhone has one of the most innovative features we have ever seen in a handset, this new feature only allows Apple’s hippest and most dedicated customers.

Having not been much of an Apple fan personally I have not yet seen the new iPhone 3Gi, however it is said to boast significant hardware and software upgrades, it also has superior processing speeds, a richer multi touch screen interface also the display is said to have the most brilliant colors and the finest resolution ever imagined.

Check out TheOnion for the exclusive news, which includes more details.

[Thanks: http://www.product-reviews.net]

Apple’s iPhone gross margins estimated near 60 percent

A new report suggests Apple turns nearly a 60 percent gross profit on the sale of each iPhone, and the device allows the company to lower prices on other products without impacting its bottom line.

Meanwhile, another report released Wednesday says there is a “surprising” move by consumers toward the higher-end iPhone 3GS at $199 and $299, versus the $99 iPhone 3G.

Financial Alchemist

Analyst Terry Muller, on his blog Financial Alchemist, said that with the carrier subsidies, Apple earns well beyond what it spends to build each iPhone. All three models of the phone earn more than 58 percent margins, with the 32GB iPhone 3GS carrying the most profitable 59.6 percent margin.

“Going forward Apple will recognize higher iPhone revenue carrying a higher gross margin,” Muller writes. “As iPhone revenue as a percentage or share of total revenue increases, the impact of the higher iPhone (gross margin) on overall (gross margin) will intensify. This will assuage margin pressures Apple faces in other areas.”

Muller goes on to suggest that the high profitability of the iPhone has allowed Apple to lower prices on its MacBook Pro lineup without having any effect on the company’s earnings.

“As we just witnessed, Apple cut prices on its Mac line-up, and there hasn’t appeared to be any noticeable impact on overall (gross margins),” he writes. “Going forward, Apple is guiding Q4 GM to 34%, suggesting GM in the 36%-38% range, thus there doesn’t appear that these price reductions will have a dramatic impact on its overall GM.”

Fortune Brainstorm Tech believes people should put stock in what Muller says. As the blog points out, he has come within pennies of predicting Apple’s earnings per share during recent quarters, while the Wall Street consensus was off by dimes and quarters.
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