Tech Companies News Byte: Apple's Product Revamp to Come Before October, CFO Suggests

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Tech Companies News Byte: Apple's Product Revamp to Come Before October, CFO Suggests

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Tech Companies News Byte: Apple's Product Revamp to Come Before October, CFO Suggests

by Wochit 0:59 mins

Tech Companies News Byte: Apple's Product Revamp to Come Before October, CFO Suggests

by Wochit 0:59 mins

During a conference call with analysts to discuss its better than expected third quarter results, Apple's chief financial officer Peter Oppenheimer sidestepped questions about when -- exactly --the company would be unveiling new products, though hinted they'd come before September's up. Apple will have a "very busy fall," Oppenheimer said, adding that he'd "like to leave it there and go into more detail in October." While many smartphone makers are reporting softer sales amid escalating competition, Apple posts strong performance in the quarter. Apple reported slightly better-than-expected fiscal third quarter revenue of $35.3 billion on solid sales of its flagship iPhone, sending its shares up 4% in after-hours trading, but fourth-quarter sales guidance fell short.

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