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Apple CFO: iPhone Will Launch Late June

Thu, Apr 26, 2007

Announcements, Apple

iphone-in-late-june.jpg

This is as official as it gets, short of Steve Jobs going on Jay Leno and “spilling the beans.” Well, one coul dream. Apple Chief Operating Officer, Peter Oppenheimer, announced Wednesday that the iPhone is on track for a late June release. In a phone interview he told Reuters Apple expects to ship the iPhone late June. “We look forward to shipping the iPhone in late June and are very excited,” he said. He also admitted the 35% profit margin Apple had last quarter will not be maintained and cites rising component costs.

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