Goldman Sachs raises estimates for Apple Computer

“Goldman Sachs reiterated an ‘in-line’ rating on Apple Computer, saying it expects the company to beat consensus estimates for the fiscal second quarter thanks to the success of the iPod, the Mac mini and the PowerBook professional notebook. The research firm raised its second-quarter and 2005 earnings-per-share estimates to 27 cents and $1.19, respectively, from 24 cents and $1.12. Goldman also raised the fiscal 2006 and 2007 earnings-per-share estimates to $1.34 and $1.54, respectively, from $1.28 and $1.48,” Forbes reports.

Full article here.

3 Comments

  1. Come onnnn, MDN! What’s de point?!? These stories are about as common these days as the latest nude pictures of Paris Hilton!

    Hey, I keed. I keed all the skinny bitches everywhere! No seriously, look at how things have changed — my beloved Apple is always getting de rave reviews, kind of like yours truly.

    And Microsoft, on the other hand, always seems to come up holding the bag, so to speak . . . kind of like Star Jones’ husband during sex!

  2. Triumph,

    We may be used to seeing these kind of stories on MDN, but until Wall Street wakes up and realizes what Apple Computer is all about, the stories need to be reiterated!

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