“Senior analyst Gene Munster of Piper Jaffray today told investors to expect a slight upside on Apple shares for the September quarter as a result of strong Mac sales offsetting light iPod numbers… Munster believes Apple will report slightly above Wall Street’s consensus of $0.50 on $4.67 billion, with iPod units likely shy of the 8.6 million expected by investors,” MacNN reports.
MacNN reports, “September quarter Mac sales are expected to slightly exceed Wall Street’s consensus of 1.47 million systems, and recent channel checks with 15 U.S. Apple specialist store resellers suggest that Mac sales are above expectations in the September quarter… Munster said. ‘Given the positive nature of our checks and NPD data, we are slightly raising our September quarter Mac unit estimate to 1.49 million from 1.44 million.'”
More in the full article here.
MacDailyNews Note: Apple will announce Q4 earnings on October 18th after market close.
Apple’s 2006 earnings and unit sales information through Q3:
• Q1 (ended 12/31/05): revenue of $5.75 billion, net quarterly profit of $565 million, 1.254 million Macs, 14.043 million iPods
• Q2 (ended 04/01/06): revenue of $4.36 billion, net quarterly profit of $410 million, 1.112 million Macs, 08.526 million iPods
• Q3 (ended 07/01/06): revenue of $4.37 billion, net quarterly profit of $472 million, 1.327 million Macs, 08.111 million iPods
UBS analyst sees strong Mac demand – October 12, 2006
Apple to announce sales of 1.64 million Macs for quarter? – October 10, 2006
Investrend expects Apple to report earnings of $6.72 billion – October 10, 2006
Analyst predicts Apple to sell 1.4 million Macs this quarter – October 09, 2006
Apple to announce Q4 earnings October 18th – October 03, 2006