“Apple Computer Inc. will claim the earnings spotlight after the market closes Wednesday as the Macintosh and iPod maker delivers its second-quarter results,” Rex Crum reports for MarketWatch. “Apple will, as usual, tout the success of its market-leading iPod media players. During the quarter, Apple released a new 1-gigabyte version of its iPod Nano player, and cut prices on its iPod Shuffle. Analysts estimate Apple will report iPod sales of 8 million to 9 million units, which would be an increase of between 51% and almost 70% compared with the 5.3 million iPods it sold a year ago.”
“The average estimate of analysts surveyed by Thomson First Call puts Apple earnings at 43 cents a share on $4.54 billion in revenue for the latest quarter. A year ago, Apple earned 34 cents a share on revenue of $3.24 billion,” Crum reports. “While it won’t have any impact on Apple’s results, during the quarter, the company took what is seen as a major step toward increasing its PC market share with the launch of Boot Camp, a free application that allows Microsoft Corp.’s Windows XP operating system to run on the Mac. Apple said it will include Boot Camp as a standard when it launches Leopard, its next operating system upgrade, later this year.”
Full article here.
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