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AWT News Update: April 17, 2017

What’s in the Apple news of the day?

  • Wall Street analysts are optimistic about Apple’s Q2 FY2017 financial results, which will be released on May 2nd
  • Developer betas of all of Apple’s current operating systems were delivered today
  • Want to try out an Apple I? Head to Seattle’s Living Computers Museum and Labs, where you can actually use one of the few remaining Apple I computers

The text version of the podcast can be viewed below. To listen to the podcast here, click the play button on the player below. Note to Apple News readers: you’ll need to visit Apple World Today in order to listen to the podcast.

Text Version

This is Steve Sande for Apple World Today, and you’re listening to the AWT News Update for April 17th, 2017.

March 31 was the last day of Apple’s second fiscal quarter of 2017, and already Wall Street analysts are quite optimistic about the financial results that will be delivered on May 2nd. Amit Daryanani of RBC Capital Markets sent out a note to investors today showing the current market consensus for the quarter to be at $52.9 billion in revenue and $2.02 earnings per share. Daryanani thinks those numbers are slightly low, with his own estimates showing $53.5 billion in revenue and $2.04 earnings per share. RBC Capital has given shares of AAPL an outperform rating with a 12-month price target of $157 per share, but the company has an “upside scenario” where the stock price could climb as high as $175 per share if its services business continues to grow at a faster rate than anticipated.

It’s beta time again, with Apple today releasing third developer betas of macOS 10.12.5, watchOS 3.2.2, tvOS 10.2.1 and iOS 10.3.2. Most of the changes in the new versions are simply bug fixes for problems that were introduced with the major releases made on March 27.

Would you like to get your hands on a real live Apple I computer? Even better, would you like to be able to actually use an Apple I? Paul Allen, formerly of Microsoft, is the founder and patron of the Living Computers museum in Seattle and the museum has managed to get a total of three Apple I computers of the total of 200 handmade machines ever delivered. These computers are the highlight of a new exhibit that opened today highlighting the both the collaboration and competition between Microsoft and Apple. The great thing is that many the computers have been restored to working condition, and that includes the Apple Is. One of the Apple Is belonged to Steve Jobs, and had a special Erasable PROM in it that was used to set up a less historic computer for demos. The demo machine has also had its power components modified so that it doesn’t catch fire or get hot enough to warp the circuit board, and if you make it to the museum you can give it a try. By the way, a reunion was held before the exhibit’s opening at which many of the early pioneers of the personal computer industry got together. Paul Allen and Steve Wozniak met for the first time ever, and the entire team of people who assembled the Apple Is in Steve Jobs’ garage — except for Steve Jobs, of course — was also together for the first time in many years. The Living Computer Museum and Labs are located at 2245 First Avenue S in Seattle.

That’s all for today; I’ll be back tomorrow afternoon with another edition of the AWT News Update.

Steve Sande
the authorSteve Sande
Steve is the founder and former publisher of Apple World Today and has authored a number of books about Apple products. He's an avid photographer, an FAA-licensed drone pilot, and a really bad guitarist. Steve and his wife Barb love to travel everywhere!