“Apple’s second quarter Mac and iPod sales are likely to come in just above Wall Street’s expectations, helping to drive slight upside to overall consensus revenue and per-share earnings estimates, according one investment research firm,” Slash Lane reports for AppleInsider.
“Following Apple’s announcement earlier this month that it had sold its 100 millionth iPod, PiperJaffray analyst Gene Munster performed product sell-through checks with 20 Apple resellers and found that 85 percent were expecting a slight quarter-to-quarter decline in Mac sales of about 5 to 10 percent,” Lane reports.
“‘The Street is expecting Mac units to fall 10 percent quarter-to-quarter, so we may see slight upside to Street expectations of 1.45m Macs,’ the analyst told clients in a research note Monday. ‘The other 15 percent of Mac resellers expect Mac units to be flat quarter-to-quarter,'” Lane reports.
“Apple TV, which did not ship until March 20th — 10 days before quarter’s end — is not expected to have a material impact on the quarter. However, Munster said his checks indicate that Apple did manage to ship each and every one of its pre-orders for the $299 streaming media device,” Lane reports.
“In pushing Apple TV to market, Apple is leveraging its iTunes user base of approximately 110 million users. Munster believes that addressable market will expand as the iTunes user base grows, and as more video content is added to the store. He’s currently modeling for sales of 2 million Apple TV units through calendar year 2007, where every additional 500,000 units will add 2 cents to the company’s earnings,” Lane reports.
Full article here.
MacDailyNews Note: Analysts surveyed by Thomson Financial estimate Apple (AAPL) to earn 64 cents a share on $5.17 billion in revenue for its Q2 07 quarter. Apple previously forecast a profit of between 54- to 56-cents per share, and revenue of $4.8 to $4.9 billion. Apple Q2 06 earnings info (ended 4/1/06): revenue of $4.36 billion, net quarterly profit of $410 million, 1.112 million Macs, 8.526 million iPods.
Related articles:
Apple Q2 07 financial results conference call webcast this Wednesday, April 25 – April 23, 2007
Apple’s earnings report next week eagerly anticipated – April 19, 2007
Citigroup expects unit sales of 1.45 million Macs, 10.8 million iPods for Apple’s fiscal Q2 – April 11, 2007
70 cents.
C1, is that an offer?
Chrissy is worth a whole lot more than .70!
MDN word is TERMS, and in “Chrissy! What are your terms?”
My 2 cents: 66 cents.
We should at least hope we earn back that dollar we pay Steve each year in salary.
That’s 70 cents a share. You don’t know how many shares I have outstanding.
Of course, my shares are quite outstanding.
Back on topic, my 70 cent prediction is based on nothing more than my own crackpot theorems, so YMMV. If I’m right, I’ll probably say ‘neener neener neener’ and call it good.
I’m gonna say 80 cents simply because Apple are making more money out of iPods.
Also shipping close to 1.5 M macs this quarter would be a significant upside from last year.
Is the the same Slash from Guns ‘n Roses? Those guys rock.
92¢.
AAPL – Up 2 bucks today already. 95 by earnings? Hmmmm…
Isn’t this kind of like saying “Analysts expect Apple to beat their own expectations”?
These guys are ridiculous. Expect one thing and then expect to expect your own expectation to be different…
I just want to see Apple double Dells market value. We should have a contest to see who can guess the date.
What most analysts have not accurately figured in are iTunes sales for the quarter. Apple’s sales of gift cards for the Dec. quarter they do not figure in until the March quarter – as they are mostly used up duing that quarter.
More movies and TV shows will have been purchased, and these are much more lucrative for Apple than music, thus the profit numbers will be quite high for this portion of Apple business.
Add in Apple TV sales, again small portions of the pie, and Apple Mac and iPod sales, and the total will surprize the market greatly.
This quarterly report will show the market how diverse Apple has quickly become in several consumer areas.
The trouble counting installed Mac user base against the appletv is a bit corny. How many of the Mac users have a digital tv capable of hooking up to a midi plug in. Some of us are quite content to stay in the analog tv age.
Part of me wants to guess 69c a share..
But I want to go with a bigger number than CrissyOne so I’m going to guess 72c a share.
“Part of me wants to guess 69c a share..”
Which part?
uh oh, you’re trying to get me into trouble CrissyOne!
..so.. um how’s the weather??
Anaylst <—– spelled wrong.
Should be Analyst. >_>
*pokes MDN*
It’s a beautiful day in commie-red lefty-lib welfare-lovin’ Edie Brickell-listenin’ tie-dyein’ patchouli-smellin’ otter-scrubbin’ rain-forest-crunchin’ Seattle. Think I’ll leave work early and protest Exxon!
Oh, wait, wrong thread.
-c
MW: ‘nations’ (that should not work, often do)
Nothing wrong with otter-scrubbin’. If the otter doesn’t mind.
I scrubbed my otter.
Once.
I know for a fact that ChrissyOne really does prefer the 69 cent figure.
Hey, it was one night. We were on our third bottle of Shiraz and we were in a guy-hating mood. Girls, you know.
I’m just sayin’ . . .
I choose 68 and I’ll owe you one.
My Bold Prediction:
The stock will run up and bump its head on 100 before earnings. Then one of two things will happen;
Earnings Will Tank – And the stock will tank.
Earnings Will Pwn HxC – And the stock will tank.
Read your history. ;P
-c
MW: ‘been’ (around the world, wrote a million songs, it’s all a bore to me)