“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.