“Tech investors will have their hands full next week as quarterly earnings reports start coming in from Apple Computer, Juniper Networks and others,” Rex Crum reports for CBS MarketWatch.
“Analysts surveyed by Thomson First Call expect Apple (AAPL) to earn 15 cents a share on $1.94 billion in revenue when it delivers third-quarter results July 14. Investors and analysts will likely be most interested in any insight Apple gives into its fourth-quarter outlook,” Crum reports. “On July 2, Apple said it would delay the release of the newest version of its iMac personal computer until September and would not take any more orders for its current line of iMacs. Such a move could hinder Apple’s momentum during the summer back-to-school shopping season.”
Full article here.
MacDailyNews Take: Apple mainly sells eMacs and iBooks to schools, not iMacs. So where’s the hinderance to Apple’s momentum? Answer: There is little to none; it’s a canard.