Thursday, July 14, 2022

The Apple Page -- July 14, 2022

The new MacBook Air was to be available no sooner than July 15, 2022. Already we are seeing reviews. 

From MacRumors this morning:

Look how inexpensive the M1 MacBook Air is: $999. No inflation here.

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TSM Earnings

2Q22 earnings.

Key takeaways:

  • world's largest contract chipmaker;
  • beat analysts; estimates
  • EPS: $1.55 vs expected $1.44 (not trivial)
  • sales: $18.16 billion vs $17.68 billion (also, not trivial)
  • earnings increased by 67% (not trivial)
  • sales advanced by 36% (not trivial)
  • again, earnings (a 67% increase) cleared beat sales (increase of 36%)
  • guidance: mid-point, $20.2 billion; well above Wall Street's consensus estimate of $18.66 billion
  • TSM makes cutting-edge chips for Apple, AMD, Nvidia and QCOM

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