“Apple will beat the Street’s revenue and earnings consensus estimates for the December quarter and the Street’s consensus estimates for the current fiscal year,” Posts At Eventide writes. “In today’s article I will explore the factors that will deliver an earnings surprise when Apple’s quarterly results are released in late January.”
Posts At Eventide writes, “I expect the share price to retrace to the all-time high by the first trading day of February 2013 through a gradual recovery of lost ground over the next sixty days. Management’s eps guidance and the Street’s consensus eps estimate are not supported by the company’s earnings to revenue ratios measured over the most recent eight fiscal quarters.”
Read more in the full article here.
[Thanks to MacDailyNews Reader “Fred Mertz” for the heads up.]