“Apple, which posts third-quarter results on July 13, is expected to earn 31 cents a share on $3.33 billion in revenue, according to analysts surveyed by Thomson First Call. During the same period a year ago, The company earned 9 cents a share on $2 billion in revenue,” Rex Crum reports for MarketWatch.
“The Mac maker recently streamlined its line of iPod music players, and the iPod will be in the spotlight once again when Apple delivers its results. Most analysts are estimating Apple will post sales of 5.4 million to 5.5 million units, a potentially 540% increase from the 860,000 music players it sold a year ago,” Crum reports. “Keith Bachman of Banc of America Securities is also expecting Apple’s total number of Macintosh shipments to rise between 26% and 28% over last year’s 876,000 units. Bachman said that if Apple hits those targets, it should be enough to give a mildly positive boost to the company’s stock.”
Full article here.
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