Apple Q1

Apple reported Q1 last night, with records for iPhone and iPad shipments, but slowing iPods as expected.

Nice graphic here:
http://www.zdnet.com/apple-q1-2014-hardware-sales-by-the-numbers-7000025646/

Transcript of CC:
http://seekingalpha.com/article/1971291-apples-ceo-discusses-f1q-2014-results-earnings-call-transcript

For IMG it means approx. 80m royalty volume courtesy of Apple (the highest ever), which should help the reduced H2 target of 300-350m shipments.


Lately, there has been speculation about Apple's GPU plans (eg.Ashraf Eassa over at Seeking alpha is certain IMG will lose the GPU slot). For me the hiring could indicate , at worst, Apple wishing to design their own GPU but using the PowerVR architecture (as currently happens with their A-series CPU using ARM architecture). Financially, that may be no bad thing for IMG. I understand the relationship with Apple is strong as ever.