A $2 Billion Beat for Apple?

Apple will post results for its first fiscal quarter after the closing bell today, and like most of its financial reports in recent memory, they are expected to be quite strong. Wall Street analysts, on average, expect Apple to post earnings of $5.38 per share, up from $3.67 per share in the same period last year. Revenue is expected to be up 55 percent at $24.3 billion.

Q3 Apple Earnings: Hold and Wait for the Boom

Well, nobody is buying Apple’s conservative estimates for this quarter. Certainly not after the release of the latest Mac sales data from NPD Group this morning. Analysts had been calling for Apple to sell 2.45 million Macs in its third quarter. Instead, NPD says the company sold approximately 2.6 million.
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Apple's Christmas Quarter: "The Mother of All Earnings Blowouts"?

Here’s a bit of happy news in these sad, sad times. Apple’s going to post a hell of a first quarter–“the mother of all earnings blowouts,” according to Andy Zaky over at Bullish Cross, whose track record in forecasting such things is quite a bit better than that of the experts. When Apple releases its first-quarter results in January, Zaky believes the company will report earnings of $1.96 per share on sales of $11.29 billion.

Apple’s Christmas Quarter: “The Mother of All Earnings Blowouts”?

Here’s a bit of happy news in these sad, sad times. Apple’s going to post a hell of a first quarter–“the mother of all earnings blowouts,” according to Andy Zaky over at Bullish Cross, whose track record in forecasting such things is quite a bit better than that of the experts. When Apple releases its first-quarter results in January, Zaky believes the company will report earnings of $1.96 per share on sales of $11.29 billion.