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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 10 mins ago - Politics & Policy

Arizona Republicans censure Cindy McCain and GOP governor

Combination images of Cindy McCain and Gov. Doug Ducey. Photo: FilmMagic/FilmMagic for U.S.VETS/Michael Brochstein/SOPA Images/LightRocket via Getty Images

Arizona Republican Party members voted on Saturday to censure prominent GOP figures Cindy McCain, Gov. Doug Ducey and former Sen. Jeff Flake (R-Ariz.), who've all faced clashes with former President Trump, per AZCentral.

Why it matters: Although the resolution is symbolic, this move plus the re-election of Trump loyalist Kelli Ward as state GOP chair shows the strong hold the former president has on the party in Arizona, despite President Biden winning the state in the 2020 election.

Updated 4 hours ago - Politics & Policy

Coronavirus dashboard

Illustration: Eniola Odetunde/Axios

  1. Health: Most vulnerable Americans aren't getting enough vaccine information — Fauci says Trump administration's lack of facts on COVID "very likely" cost lives.
  2. Education: Schools face an uphill battle to reopen during the pandemic.
  3. Vaccine: Florida requiring proof of residency to get vaccine — CDC extends interval between vaccine doses for exceptional cases.
  4. World: Hong Kong puts tens of thousands on lockdown as cases surge — Pfizer to supply 40 million vaccine doses to lower-income countries — Brazil begins distributing AstraZeneca vaccine.
  5. Sports: 2021 Tokyo Olympics hang in the balance.
  6. 🎧 Podcast: Carbon Health's CEO on unsticking the vaccine bottleneck.