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Photo: Alexi Rosenfeld/Getty Images

Apple's financial chief said Thursday that this year's new iPhone models will arrive a few weeks later than they have in years past, confirming earlier news reports and supplier comments.

Why it matters: The move means some revenue that typically comes at the end of September won't come until the final quarter of the year, but also reassures investors and customers that the delay won't be longer.

In a conference call following blowout earnings, CFO Luca Maestri said that supply of the new iPhones will come "a few weeks later" than last year, when the new models went on sale in late September.

Qualcomm had said yesterday that its results would be impacted by a key customer having a delayed global launch for its 5G flagship, so it's fair to infer that at least some new iPhones will support 5G, as expected.

The big picture: Apple didn't give specific financial guidance for the current quarter but said it expects continued strength in its Mac and iPad businesses which saw stronger growth last quarter, amid the pandemic and a shift to distance learning.

"We believe we are going to have a strong back-to-school season," CEO Tim Cook said on the conference call.

Go deeper

Updated Nov 10, 2020 - Axios Events

Watch: A conversation on 5G

Axios' Ina Fried hosted a conversation on the potential of 5G and its capacity to disrupt everything from emergency response technology to sports, featuring Verizon CEO Hans Vestberg, Qualcomm President Cristiano Amon, Raleigh Mayor Mary-Ann Baldwin, Qwake Technologies co-founder John Long, and ORBI CEO Iskander Rakhman.

Cristiano Amon discussed the success of Qualcomm's 5G phones, which recently reported sales and earnings that exceeded expectations. He highlighted how 5G will change mobile phones and household devices in the future.

  • How 5G will upend consumers' video capabilities: "5G will do to video what 4G did to music...We don't listen to CDs in our cars. We stream music everywhere. And that's going to happen with high-resolution video. 95% of the time with 5G, you're going to be able to consume video in the highest possible resolution was made and it's going to turn each and every one of us into a broadcaster"

Hans Vestberg unpacked the increased capacity of 5G and how this will have a tangible impact on consumers.

  • On the leap from 4G to 5G: "On 5G I can connect one million devices per square kilometer...At the same time in 4G, I can do at this one hundred thousand."

In a new Smarter, Faster segment, Ina Fried hosted a rapid-fire Q&A with guests using 5G technology in their fields.

  • John Long discussed how 5G's improved bandwidth is critical for emergency responders: "If there's ever...a natural event where you have 50 hundred firefighters, several hundred, that's where you really need 5G. You need that scale. You won't have that bandwidth for a small number of people."
  • Mayor Mary-Ann Baldwin on how cities can use 5G to make informed policy decisions: "If we can use interconnected devices that give faster and more reliable data, then we can come back and talk about issues like climate change and the impacts on, say, pollution and wind and rain."
  • Iskander Rakhman on the role of 5G in sports entertainment: "5G is going to be essential for bringing new types of experience to increase engagement among the fans of various ages."

Thank you Verizon for sponsoring this event.

Updated 47 mins ago - Politics & Policy

Cuomo's former chief counsel joins calls for him to resign after damning report

Photo: Spencer Platt/AFP via Getty Images

New York Gov. Andrew Cuomo's (D) former chief counsel joined top Democratic lawmakers on Tuesday in calling for him to resign after an independent investigation concluded the governor sexually harassed multiple women in violation of federal and state law.

The latest: Alphonso David, who is now president of the LGBTQ advocacy group Human Rights Campaign, called the report authored by investigators "devastating" and echoed others' comments in decrying Cuomo's "pattern of sexual harassment."

Cuomo accuser speaks out, calls denials "dangerous," "victim blaming"

Andrew Cuomo. Photo: Lev Radin/Pacific Press/LightRocket via Getty Images

A former aide to New York Gov. Andrew Cuomo, who accused him of sexual harassment, spoke out against his earlier denial of inappropriate behavior, telling CBS News that the lawmaker's comments were "dangerous" and "victim blaming."

Driving the news: At a press conference earlier Tuesday, Cuomo specifically addressed the allegations made by his ex-aide, Charlotte Bennett, admitting he "did ask her questions I don't normally ask people," but he flatly denied other details of her allegations.