All eyes on Apple Computer’s earnings report after market close today

“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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Related articles:
Piper Jaffray: Apple to report in-line or slightly below Street earnings estimates – April 19, 2006
Apple to report second quarter 2006 earnings today – April 19, 2006
Apple analysts and investors look for signs of ‘Intel effect’ in tomorrow’s earnings report – April 18, 2006
Cowen & Co survey shows strong Apple Mac sales prospects, Boot Camp impact ‘broadly positive’ – April 18, 2006
What are your expectations for Apple’s earnings report this Wednesday? – April 17, 2006

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