Credit Suisse ups Apple Q4 earnings view on stronger-than-expected MacBook sales

Credit Suisse today raised its fourth-quarter and 2007 earnings estimates for Apple Computer Inc. based on stronger-than-expected MacBook laptop computer sales, according to reports.

“In a research note, the brokerage said it raised its fourth-quarter earnings per share estimate for the company to 52 cents from 49 cents,” Reuters reports. “For 2007, it raised its earnings estimate to $2.64 from $2.44 a share and revenue forecast to $22.65 billion from $22.03 billion for the company. Credit Suisse said it expects solid increase in revenue going forward as Apple updates its iPod product line up and accelerates its share gains in the PC market.”

Credit Suisse also reiterated its “outperform” rating on AAPL shares.

Full article here.

[Thanks to MacDailyNews Reader “Treehouse” for the heads up.]

Related articles:
Goldman Sachs ups Apple Computer shares from $77 to $85 – September 11, 2006

9 Comments

  1. … based on stronger-than-expected MacBook laptop computer sales…

    Gee. Great. How about a little information, here!
    What was the expected number?
    What is the expected number?
    How the fsck* are we supposed to figure out if they have a clue if they won’t share their numbers with us?

    * “fsck” stands for File System ChecK, and used to take an unGODly amount of time on Enterprise-level Unix servers.
    Just in case you thought the term was simply a way around a spell-bot. And it is, but it isn’t just a random letter substitution. (someone asked)

  2. I’m guessing Apple will gain another 1-2 points by the end of 2006.
    And we know every point they gain they’ll never lose, cos “once you go Mac, you never go back”. Market share will expand exponentially via word of mouth.

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