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http://www.macnn.com/articles/12/07/31/cirrus.logic.results.may.hint.at.multiple.fall.products/

New reports support mid-September Apple event

updated 10:02 am EDT, Tue July 31, 2012

 

Cirrus Logic results may hint at multiple fall products


Still more reports supporting a September 12th Apple event have emerged. The Verge's sources have allegedly confirmed the date, though they haven't mentioned what products Apple will reveal. The Loop's Jim Dalrymple, meanwhile, has simply replied "yep" in response to the original iMore story mentioning the 12th. Dalrymple is known to have sources which have proved accurate in the past.

Possibly backing a major fall event is a new memo from Wells Fargo analyst Maynard Um, who comments that recent quarterly guidance from supplier Cirrus Logic hints at "more than one product" shipping in the fall timeframe. The company is expecting production to ramp up in the current quarter, with revenues rising 70 percent sequentially. Production is forecast to intensify even further going into the December quarter. "Given the sequential growth is much higher relative to the ramp into the iPhone 4S last year, we believe it could suggest that Apple will introduce more than one product in the fall timeframe," says Um. Apple is Cirrus Logic's biggest customer, so far representing 62 percent of the latter's revenues in the 2012 fiscal year so far.

The September event is generally predicted to feature a new iPhone, but is also rumored to be showcasing a new "mini" iPad, as well as new iPod nanos and/or Touches. Relatively few leaks have mentioned new iPods, but that may just reflect the declining popularity of iPods.


by MacNN Staff

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Comments

  1. hayesk

    Professional Poster

    Joined: 09-17-99

    If Jim said "yep" then that's all you need.

  1. blahblahbber

    Banned

    Joined: 02-01-05

    by September, Samsung will have won most folks with the Galaxy III... Apple has a created it's own weakness due to predictive product launches as others have said. Apple is now on the road to hurting itself... like a scorpion dowsed in alcohol.

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