Maria Veronica Fernandez went to eight stores in Caracas to add her name to a waiting list for a mobile phone she didn’t even like.
After she was robbed of her Samsung Galaxy S4 phone at gunpoint in May, Fernandez, 24, embarked on a shopping quest much too familiar for Venezuelans, who live with the world’s highest inflation, chronic food shortages and rampant crime.
“It’s the same feeling of helplessness as when you have to go to three or four supermarkets looking for toilet paper or oil or flour,” Fernandez said. After a few weeks’ wait, she bought a Samsung Galaxy Fame — a less-sophisticated phone with fewer features. “At least if this one gets stolen, it won’t hurt as much.”
The newest iPhone, expected for release latest this year, will come in rose gold, an analyst has said
The latest iPhone due for release, largely believed to be called the iPhone 6s, will come in rose gold for the first time, an analyst has said.
It’s unknown whether the new model would be rose gold-coloured anodised aluminium, like the current iPhone 6 and 6 Plus’ gold option, or actual 18-carat rose gold like the luxury Edition Apple Watch, which is priced from £8,000.
Danely, who has a Neutral rating on the stock, raised his price target to $66 from $55 after raising his estimates based on the apparent win. Apple is broadly expected to unveil the next model, presumably the iPhone “6S,” in September.
Danely doesn’t say how he comes by the knowledge, but he offers an assessment of how it could add new revenue for Analog Devices:
We believe Analog Devices has secured a design win in the next generation Apple iPhone. …could contribute $0.10, or 3%, of C16 EPS. Our analysis indicates the design win could contribute $160.0 million, or roughly 4% incremental C16 revenue, and $0.10, or roughly 3% of incremental C16 EPS. We are assuming operating margins of 23.5% on the design win, lower than overall C16 operating margins of 32.4% as margins from high-volume consumer products and large customers such as Apple are lower than high-performance analog products for industrial applications. We estimate the design win in the next generation iPhone would contribute $160.0 million, or roughly 4% incremental C16 revenue, and $0.10, or roughly 3% of incremental C16 EPS.