Revealed: High Expectations for Apple Earnings
Apple (NASDAQ:AAPL) is supposed to deliver another spectacular quarter, according to Wall Street analysts, independent analysts, and known whisper numbers. All three groups predict over $29 billion in revenue. However, still unknown are the hints of any products in Q4.
Following is the information regarding sales of iPhones, iPads, Macs, and iPods. According to Piper Jaffray, The Wall Street Journal has the lowest prediction of revenues. Fortune’s Apple 2.0 blog states that Indy analysts and Whisper number predict over $33 billion in revenue.
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Wall Street is expecting revenues of $29.41 billion on EPS of $7.26. They expect iPhone sales of 22 million, iPad sales of 10 million, Mac sales of 4.5 million, and iPod sales of 6.9 million.
Independent analysts are expecting revenues of $33.4 billion on EPS of $9.07. They expect iPhone units sales of 22.35 million, iPad sales of 13.13 million, Mac sales of 4.72 million, and iPod sales of 7.5 million.
Whisper numbers are expectations for revenues of $33 billion on EPS of $8.80. They expect iPhone sales of 22.35 million, iPad sales of 13.06 million, Mac sales of 4.72 million and iPod sales of 7.56 million.
“We’ll also listen for clues on when Apple thinks it will have enough iPhone in on hand to meet demand. We’ll also be curious to hear if the company has anything to say about Steve Jobs,” according to our friends over at Business Insider.
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).