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You’ll Never See The World The Same Way Again
Google’s (GOOG +0.7%, GOOGL +0.7%) reveal of the anticipated budget phone Pixel 4a is set for Monday, Aug. 3.
That comes via an easter-egg teaser page found by 9to5 Google, which features placeholder text until a certain color sequence is unlocked.
Pricing and exact order details are undetermined for now, but likely will be revealed on Monday.
While Google’s Pixel line hasn’t made a significant impact on the high end of smartphones vs. rivals Samsung (OTC:SSNLF) and Apple (NASDAQ:AAPL), but its lower-cost phones have provided sales boosts. Now the 4a is set to go head to head against Apple’s iPhone SE (starting at $399).
During the earnings call, Apple (NASDAQ:AAPL) CFO Luca Maestri confirms that the iPhone 12 will be delayed by a few weeks, as was suggested by yesterday’s Qualcomm full-year forecast.
CEO Tim Cook repeatedly touted the strength of the low-cost iPhone SE that launched earlier this year, saying the model is leading to a higher switcher rate than last year.
The iPhone 11 also continued its strong cycle.
Apple shares are up 6.1% AH.
Apple (NASDAQ:AAPL): Q3 GAAP EPS of $2.58 beats by $0.51.
Revenue of $59.69B (+10.9% Y/Y) beats by $7.13B.
iPhone Revenue of $26.42B (consensus $22B), Services Revenue of $13.16B (consensus $13.13B).
Alphabet (NASDAQ:GOOG): Q2 GAAP EPS of $10.13 beats by $1.94.
Revenue of $38.29B (-1.7% Y/Y) beats by $950M.
TAC of $6.69B vs. $6.67B consensus, operating margin of 17% vs. +15.7% consensus and Capex of $5.39B vs. $5.42B consensus.
Facebook (NASDAQ:FB): Q2 GAAP EPS of $1.80 beats by $0.40.
Revenue of $18.69B (+10.7% Y/Y) beats by $1.33B.
DAU of 1.79B vs. consensus of 1.75B; MAU of 2.70B vs. consensus of 2.63B.