“Apple Computer will report second-quarter earnings on Wednesday after the close. Analysts polled by Thomson First Call expect the company to report earnings of 24 cents per share on revenue of $3.17 billion. Apple is thought to be close to launching a new version of its Mac OS X operating system before the end of the month, possibly as early as next week. Last week, Piper Jaffray maintained an ‘outperform’ rating for Apple and said that a recent check with online retailers ‘shows that Apple continues to hold a significant computer market presence.’ It said, ‘Apple’s OS X 10.4 (Tiger) operating system software, which has not been released yet, was the number one seller in the Software Top Seller category [at Amazon.com]. Though it is hard to determine how the rank translates to revenue, it is safe to say that the success of the Tiger preorder was a surprise to us, given that it is outselling the seasonally strong TurboTax software,'” Peter Kang reports for Forbes.
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