Technologies

Apple may reveal its biggest quarter ever after iPhone 13, AirPods 3 and MacBook Pro launches

A pandemic, economic uncertainty and an international chip shortage apparently haven’t slowed the tech giant.

Ever since Apple‘s value blew past a trillion dollars a few years ago, analysts and tech industry experts alike have frequently wondered aloud, «How much larger can it get?»

We’ll get an answer Thursday, when Apple announces its fiscal first-quarter sales and tells us how many iPhones, Macs and other products it sold during the holiday shopping season. Apple has built a lot of its business around this period, timing product launches — like those of its well-reviewed iPhone 13, its revamped MacBook Pro laptops, its latest iPads, AirPods 3 and the Apple Watch Series 7 — to maximize sales as people hunt for gifts for family and friends. After the quarter’s December close, investors pushed Apple’s shares so high that the company’s value topped $3 trillion for the first time, despite ongoing supply shortages for chips and other technology.

On average, Wall Street analysts expect the quarter to deliver new all-time financial records of $1.88 per share in profit on $118.38 billion in revenue, according to surveys published by Yahoo Finance. Though that’s impressive, Apple isn’t expected to show as much growth as it did in the 2020 holiday shopping season. That’s when the iPhone 12, Apple’s first 5G-compatible device, helped push the company’s profit up 30%, while sales jumped more than 17%.

That wasn’t all, though. Apple has continuously said over the past year that its Mac computers and iPads were seeing record demand as well, in part thanks to the company’s highly anticipated new M1 «Apple Silicon» chips. That technology scored well among reviewers, including CNET’s, who ran tests that showed performance improvements and increased battery life. «It was zippy,» CNET’s Andrew Hoyle wrote of using the new MacBook Pro to process high-detail photos.

Now analysts are broadly expecting 2021’s holiday shopping season to mark another record for Apple.

«The performance seen by Apple in the quarter was despite an unprecedented chip shortage out of the Asia supply chain,» Wedbush analyst Daniel Ives wrote in a Monday message to investors. Despite Apple’s established position as one of the world’s most highly valued companies, Ives says he still expects to see Apple’s «renaissance of growth» continue and its shares «outperform.»

An Apple spokesman declined to comment ahead of the company’s earnings report.

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No matter what Apple says in its financial report Thursday, the results will be seen as a bellwether across the tech industry, and potentially beyond. But that report may prove an outlier as other companies struggle with supply and worker shortages, disappointing already dour Wall Street investors worried by further inflation, COVID-19’s continued impact on the world, and saber rattling between Russia and the US over Ukraine.

«Given resilient iPhone and Mac demand, we see Apple as a high-quality ‘flight to safety’ name to own during market volatility,» Cowen analyst Krish Sankar wrote in a note to investors. He too labels Apple’s stock at «outperform.»

Apple has long operated one of the most successful supply chains, particularly as it navigated disruptions from the COVID-19 pandemic. Even so, Apple’s executives have said they believe the company has lost out on billions of dollars in sales due to silicon chip shortages and manufacturing problems amid seemingly ceaseless demand.

Rod Hall, an analyst at Goldman Sachs, said he’s «slightly cautious» about Apple’s prospects, considering tech’s continuing challenges with the global supply chain. In a note to investors, he warned that even though Apple may have been able to manage the chip shortages better than most, he’ll be closely listening to executives as they give commentary on a post-earnings conference call.

Apple has also largely escaped the scrutiny that tech giants like Alphabet (née Google) and Meta (née Facebook) have faced over how their respective advertising-heavy business models erode people’s privacy and trust in big tech.

Whatever Apple announces Thursday, it’ll come at a time when investors are questioning Big Tech’s future. Netflix shares have plunged more than 35% this year, driven in part by the company’s own predictions last week that it would add far fewer subscribers than expected in the first months of 2022. Electric-car giant Tesla’s stock, meanwhile, plummeted nearly 28% from $1,199.78 per share at the start of the year, driven in part by the company’s struggles to put out new cars.

It all comes down to the iPhone

The iPhone remains king at the Cupertino, California-based company, even as Apple fans and industry watchers dissect each of the company’s new product lines and business moves.

Last year, the iPhone represented 52% of the company’s $365 billion in revenue, a slight increase from the 50% it represented in 2020 and a slight decrease from the 54% in 2019. That’s part of Apple’s seemingly endless conundrum: Its position as one of the largest companies ever is tied to the iPhone’s success.

Apple has tried to build on that success, announcing ambitious services offerings, including the $5 per month Apple TV Plus, the $5 per month Apple Arcade and the $10 per month Apple Fitness Plus. Its other iPhone add-on-type products like the AirPods headphones and Apple Watch wearable have performed well too, analysts say.

Rumors suggest that Apple’s next big product launch will be a headset, potentially coming this year or next. Many tech executives believe that headsets from Apple, as well as those from Microsoft, Meta, Sony, Google and Magic Leap, could represent the next step in computing beyond the phone. And many companies have already begun preparing.

Over the past year, tech executives from game companies to social networking giants to, yes, even Apple have begun publicly discussing a new term for the types of experiences these headsets will make possible: the metaverse. That’s a catchall description of apps and experiences people can share in connected virtual worlds like a video game.

The metaverse «is an attempt to redefine our entire relationship with the internet, from virtual communities to ownership of digital content. It snakes into gaming, cryptocurrency, NFTs, teleconferencing software and 3D scanning. It’s… a lot,» CNET’s Scott Stein wrote about what he expects from the technology this year. «A year ago, nobody even talked about the idea of a metaverse. Now it’s spread across countless news stories.»

For Apple, though, the metaverse may represent more than the next step in computing: It may finally be the product to take the financial crown from the iPhone.

But don’t expect CEO Tim Cook to spill the beans about his plans while speaking with analysts on a conference call Thursday. Those reveals are typically reserved for Apple’s splashy events, whether in person or entirely virtual, as the events have been during the pandemic.

Instead, when analysts and investors wonder how much larger Apple will get, what they’ll mean is how many more iPhones can Apple sell, as well as maybe iPads, Macs, Apple Watches, AirPods and all sorts of other tech, including the company’s (in)famous $19 polishing cloth.

«We’d expect a bullish installed base update,» Morgan Stanley analyst Katy Huberty wrote in a message to investors, citing upbeat reports from Apple throughout the past year. Though she also rates Apple’s stock at «outperform,» she’ll be listening for any other signs of how the pandemic and supply chain are affecting the company.

Technologies

Pope Francis’ Funeral: How to Stream Live or Watch the Replay

Here’s how to stream the pope’s funeral very early Saturday, and what you can expect to see during the service.

After a week of global mourning for Pope Francis, who died on Monday at age 88, the pope’s funeral will be celebrated on Saturday . Francis’ funeral will be held Saturday at 10 a.m. local time at St. Peter’s Square in Vatican City (which is very, very early if you’re tuning in from the US or Canada), and he will be laid to rest at the Papal Basilica of St. Mary Major in Rome.

The Vatican will be livestreaming the papal funeral and procession, though not the burial, on its YouTube channel as it happens. The funeral will also be televised live on CBS, NBC, ABC and Fox, as well as on streaming services like Disney Plus, Hulu, Peacock and Paramount Plus. Due to the time difference, it seems likely that many interested North American viewers will catch it when it’s replayed later on Saturday. Numerous networks will rebroadcast the service later that day.

If you choose to stay up, or get up early, here’s when the live broadcast of the pope’s funeral will air in your time zone in the continental US on April 26:

ET: 4 a.m.
CT: 3 a.m.
MT: 2 a.m.
PT: 1 a.m.

The papacy of Pope Francis was notable for the progressive reforms he brought to the Roman Catholic Church. He appointed more than half of the current College of Cardinals and attempted to foster more positive attitudes toward members of the LGBT community and migrants worldwide.

What to expect from the funeral

The funeral will follow many rituals, though not all traditional protocols will be followed. Most popes are buried in St. Peter’s Basilica or its grottoes, but the AP reports Francis chose the St. Mary Major Basilica to reflect his veneration of an icon of the Virgin Mary that is located there, the Salus Populi Romani (Salvation of the People of Rome).

His funeral will be less elaborate than those of other popes per his own wishes. Francis simplified papal funeral rites last year, permitting his burial outside the Vatican, and emphasizing his role as a bishop rather than as pope (the pope is also the Bishop of Rome).

Previous popes were buried in three coffins: one of cypress, one of lead and one of oak. Francis requested to be buried in a single wooden, zinc-lined coffin and not to be placed in an elevated bier as other popes were.

The coffin will be taken from St Peter’s Basilica and placed on a dais in St Peter’s Square, where Cardinal Giovanni Battista Re will lead the service. After the service, the coffin will return to St Peter’s Basilica before it is carried across the River Tiber and to the Papal Basilica of Saint Mary Major for burial. The ceremony is estimated to end around 2 p.m. local time, or four hours after it begins.

Pope Francis’ funeral Mass will be the first of nine Masses held daily at St. Peter’s until May 4. This is an ancient tradition of the Catholic Church that observes nine days of consecutive mourning. According to Vatican News, a different group of mourners will participate each day, though the Eucharistic celebrations are open to everyone.

Who will attend Pope Francis’ funeral?

Hundreds of people, including world leaders and royals, are expected to attend Pope Francis’ funeral.

US president Donald Trump confirmed on his Truth Social Platform that he and first lady Melania Trump will be at the funeral. This will be Trump’s first foreign trip in his second term. He is expected to have a seat in the third row, though the Vatican has yet to release an official seating chart. It is tradition for the first row of seats to go to Catholic royalty, and the second row to non-Catholic royals.

Prince William, who is attending on behalf of King Charles, will sit in the second row, which is reserved for non-Catholic royals. Former president Joe Biden and first lady Jill Biden, devout Catholics, will also attend the funeral.

Conclave: What happens next to choose the new pope

After Pope Francis’ funeral, the cardinals of the Roman Catholic Church will vote on his successor in an assembly of cardinals known as a conclave.

There are many matters for the cardinals to settle before the conclave begins, but once it does, it can take days or even weeks to conclude. Two-thirds of the cardinals’ votes are required to elect the next pope. The conclave occurs behind closed doors and the vote tally is never made public.

Read more: Where to Watch Conclave, the Vatican Thriller About Electing a New Pope

Look for the white smoke

The ballots are burned after each round, and chemicals are added to the flames to produce black smoke if there’s no majority. When a new pope has been selected, the chemicals will be added to the flames so they produce white smoke. Crowds gather in St. Peter’s Square to watch for the results.

If you’re fascinated by the process, you can watch a dramatized version of the events in 2024 film Conclave.

In the movie, Ralph Fiennes stars as Cardinal Thomas Lawrence, who spearheads the election of the next pope while investigating rumors about potential candidates. The film is based on the 2016 novel by Robert Harris and is completely fictional — though it does represent some of the events of how actual papal conclaves take place. In March, the film won the Academy Award for best adapted screenplay.

You can stream Conclave on Amazon Prime Video, or rent it for $6 on Apple TV, Fandango at Home, YouTube or Google Play Movies.

Technologies

Today’s NYT Connections Hints, Answers and Help for April 26, #685

Hints and answers for Connections for April 26, #685.

Looking for the most recent Connections answers? Click here for today’s Connections hints, as well as our daily answers and hints for The New York Times Mini Crossword, Wordle, Connections: Sports Edition and Strands puzzles.

Today’s Connections puzzle features a lot of short words, but that doesn’t mean it’s easy. That purple category requires a lot of thinking — probably most people will solve it only by solving the other three and having four words left over. Read on for clues and today’s Connections answers.

The Times now has a Connections Bot, like the one for Wordle. Go there after you play to receive a numeric score and to have the program analyze your answers. Players who are registered with the Times Games section can now nerd out by following their progress, including number of puzzles completed, win rate, number of times they nabbed a perfect score and their win streak.

Read more: Hints, Tips and Strategies to Help You Win at NYT Connections Every Time

Hints for today’s Connections groups

Here are four hints for the groupings in today’s Connections puzzle, ranked from the easiest yellow group to the tough (and sometimes bizarre) purple group.

Yellow group hint: Rainbow.

Green group hint: San Fernando ____.

Blue group hint: Think Robert.

Purple group hint: Mixed-up hue words.

Answers for today’s Connections groups

Yellow group: Tint.

Green group: Valley.

Blue group: Bobs.

Purple group: Color anagrams.

Read more: Wordle Cheat Sheet: Here Are the Most Popular Letters Used in English Words

What are today’s Connections answers?

The yellow words in today’s Connections

The theme is tint. The four answers are color, hue, shade and tone.

The green words in today’s Connections

The theme is valley. The four answers are dale, dell, glen and hollow.

The blue words in today’s Connections

The theme is Bobs. The four answers are Dole, Hope, Marley and Ross.

The purple words in today’s Connections

The theme is color anagrams. The four answers are Dre (red), Gary (gray), genre (green) and lube (blue).

Technologies

Today’s NYT Connections: Sports Edition Hints and Answers for April 26, #215

Hints and answers for the NYT Connections: Sports Edition puzzle, No. 215, for Saturday, April 26.

Looking for the most recent regular Connections answers? Click here for today’s Connections hints, as well as our daily answers and hints for The New York Times Mini Crossword, Wordle and Strands puzzles.

Connections: Sports Edition is tough today. The purple category theme threw me because of one phrase I didn’t know. And let’s hope you’re familiar with college coach surnames. Read on for hints and the answers.

Connections: Sports Edition is out of beta now, making its debut on Super Bowl Sunday, Feb. 9. That’s a sign that the game has earned enough loyal players that The Athletic, the subscription-based sports journalism site owned by the Times, will continue to publish it. It doesn’t show up in the NYT Games app but now appears in The Athletic’s own app. Or you can continue to play it free online.

Read more: NYT Connections: Sports Edition Puzzle Comes Out of Beta

Hints for today’s Connections: Sports Edition groups

Here are four hints for the groupings in today’s Connections: Sports Edition puzzle, ranked from the easiest yellow group to the tough (and sometimes bizarre) purple group.

Yellow group hint: Try to achieve.

Green group hint: Move through it.

Blue group hint: Sideline bosses.

Purple group hint: Like a carton.