“Today we look at [Apple's] bottom line — revenue and earnings per share — for what should be the company’s best second quarter ever, especially given how depressed the computer market was in the winter of 2009,” Philip Elmer-DeWitt reports for Fortune.
“The Street’s consensus, as recorded by Thomson Financial, has Apple’s revenue and earnings up year over year 32.4% and 35.75%, respectively,” Elmer-DeWitt reports.
Elmer-DeWitt reports, “The most bullish estimate, submitted by Financial Alchemist’s Turley Muller, an independent with a enviable track record, has revenue up 41.7% and earnings up nearly 57% over the same period [$12.87 billion, $2.81 EPS]. (Even the most bearish, from Think Equity’s Vijay Rakesh, has them up 23.3% and 7.8%, respectively [$11.20 billion, $1.93 EPS.)"
Full article, with a list of individual analysts' estimates, here.
MacDailyNews Note: Apple is due to report the financial results of their fiscal second quarter after market close on Tuesday, April 20, 2010 at approximately 1:30pm PDT/4:30pm EDT. Apple’s conference call webcast discussing Q210 financial results will begin at 2pm PDT/5pm EDT on Tuesday, April 20, 2010.
As usual, MacDailyNews plans to offer live notes of the conference call.
Analysts' consensus estimates currently call for Apple to report $2.44 EPS on $12.06 billion in revenue. On January 25, 2010, Apple CFO Peter Oppenheimer guided for "revenue in the range of about $11.0 billion to $11.4 billion" and "diluted earnings per share in the range of about $2.06 to $2.18."
5 Day Most Commented