2 Silicon Valley Titans Investors are Watching Before Earnings

Apple, Inc. (NASDAQ:AAPL) will unveil its latest earnings on Tuesday, October 18, 2011. The average estimate of analysts is for net income of $7.22 per share, a rise of 55.6% from the company’s actual earnings for the same quarter a year ago. During the past three months, the average estimate has moved up from $6.35. Between one and three months ago, the average estimate moved up. It has risen from $7.01 during the last month. For the year, analysts are projecting profit of $27.74 per share, a rise of 83.1% from last year.

The company has beaten estimates the last four quarters and is coming off a quarter where it topped forecasts by $1.98, reporting net income of $7.79 per share against a mean estimate of profit of $5.81 per share. On average, analysts predict $29.24 billion in revenue this quarter, a rise of 43.8% from the year ago quarter. Analysts are forecasting total revenue of $108.98 billion for the year, a rise of 67.1% from last year’s revenue of $65.22 billion.

Competitors to Watch: Hewlett-Packard Company (NYSE:HPQ), Dell Inc. (NASDAQ:DELL), Google Inc. (NASDAQ:GOOG), Microsoft Corporation (NASDAQ:MSFT), Netflix (NASDAQ:NFLX), Adobe Systems Incorporated (NASDAQ:ADBE), Intl. Business Machines Corp. (NYSE:IBM), Intel Corporation (NASDAQ:INTC), Super Micro Computer, Inc. (NASDAQ:SMCI), Research in Motion (NASDAQ:RIMM), Amazon.com (NASDAQ:AMZN) and Nokia Corporation (NYSE:NOK).

Intel Corp (NASDAQ:INTC) will unveil its latest earnings on Tuesday, October 18, 2011. The average estimate of analysts is for profit of 61 cents per share, a rise of 17.3% from the company’s actual earnings for the same quarter a year ago. During the past three months, the average estimate has moved up from 58 cents. Between one and three months ago, the average estimate moved up. It has been unchanged at 61 cents during the last month. Analysts are projecting profit to rise by 15.1% versus last year to $2.36.

Last quarter, the company beat estimates by 8 cents, coming in at net income of 59 cents a share versus the estimate of profit of 51 cents a share. It marked the fourth straight quarter of beating estimates. On average, analysts predict $13.9 billion in revenue this quarter, a rise of 25.2% from the year ago quarter. Analysts are forecasting total revenue of $53.99 billion for the year, a rise of 23.8% from last year’s revenue of $43.62 billion.

Competitors to Watch: Advanced Micro Devices, Inc. (NYSE:AMD), Texas Instruments Inc. (NYSE:TXN), Intl. Business Machines Corp. (NYSE:IBM), Microsoft Corporation (NASDAQ:MSFT), Apple Inc. (NASDAQ:AAPL), NVIDIA Corporation (NASDAQ:NVDA), Oracle Corporation (NASDAQ:ORCL), Micron Technology, Inc. (NASDAQ:MU), ARM Holdings plc (NASDAQ:ARMH), and QUALCOMM, Inc. (NASDAQ:QCOM).