After Apple’s (NASDAQ:AAPL) earnings call Tuesday, it didn’t seem like there was going to be much coming out of the company’s product pipeline, but there may be some new software in the next few months.
Apple beat Wall Street consensus estimates with regards to revenue, and that may have helped stem further declines in share value, but the company still reported a decline in earnings from the prior quarter for the first time in a decade. The company may have managed to keep investors feeling warm and fuzzy by increasing its quarterly dividend to 15 percent and boosting the share buyback program to $60 billion, from $10 billion.
One thing that the iPhone maker couldn’t quite do for investors during the earnings call is put a rest to concerns that there were no new products coming out any time soon. Chief Executive Officer Tim Cook said that the company would be released some new products and breaking into new product categories in the fall and throughout 2014, which leaves a several-month gap continuing with very little to get excited about.
However, Apple doesn’t just make hardware. The company is quite well known for its entire operating system environment, which spans from its smallest iPod devices to its iPhones and iPads to its bigger laptops and computers.
According to comments by Apple’s marketing chief, Phil Schiller, it seems that Apple may be revealing its next incarnations of iOS and OS X. iOS is the operating system that runs on Apples iPhone and iPads, and the next update would likely be iOS 7 — which has been blamed by KGI Securities analyst Ming-chi Kuo for delaying the release of the so-called iPhone 5S. Apple’s latest laptops and desktop computers run on OS X, and the next version would be OS X 10.9.
This summer, Apple will be holding its Worldwide Developers Conference, and this is where it may be unveiling the new operating systems. The event will take place between June 10 and 14. Even though the operating systems might be launched at this time, it may not mean much for consumers yet, as it will likely be more focused on preparing developers to work with it.
Apple’s OS X 10.8, dubbed Mountain Lion, was released relatively quietly, simply being shared with the press on a limited scale and getting a press release announcement. However, as Apple doesn’t have new hardware coming out soon, it makes sense that the operating systems will be taking the spotlight at this summer’s WWDC.
Perhaps the software will be something for investors to get excited about while they wait for new products to save the stock from any further declines.