Date to unveil Apple’s iPhone 14

Date to unveil Apple’s iPhone 14

Apple is likely to unveil its iPhone 14 in the first week of September 2022. Reports suggest that the company may launch the product on September 7, 2022.

According to Bloomberg.com, it would be the earliest iPhone launch since 2016 and be followed by the new device going on sale September 16—about a week ahead of last year’s schedule.

The event will be on the Wednesday after Labor Day, an atypical day for Apple product launches. It signals that the company wanted to leave that Tuesday free. Why? Perhaps because press and other guests will need a travel day after the Monday holiday.

On July 28, 2022, Apple announced financial results for its fiscal 2022 third quarter ended June 25, 2022. The company posted a June quarter revenue record of $83.0 billion, up 2 percent year over year, and quarterly earnings per diluted share of $1.20.

“This quarter’s record results speak to Apple’s constant efforts to innovate, to advance new possibilities, and to enrich the lives of our customers,” said Tim Cook, Apple’s CEO.

“As always, we are leading with our values, and expressing them in everything we build, from new features that are designed to protect user privacy and security, to tools that will enhance accessibility, part of our longstanding commitment to create products for everyone.”

“Our June quarter results continued to demonstrate our ability to manage our business effectively despite the challenging operating environment. We set a June quarter revenue record and our installed base of active devices reached an all-time high in every geographic segment and product category,” said Luca Maestri, Apple’s CFO. “During the quarter, we generated nearly $23 billion in operating cash flow, returned over $28 billion to our shareholders, and continued to invest in our long-term growth plans.”

Apple’s board of directors has declared a cash dividend of $0.23 per share of the Company’s common stock.

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