“Apple’s most talked-about release in the last three months has been Apple TV, a wireless box that can stream movies, TV shows and music from a computer to a television,” Ganapati reports. “Apple TV was released in February — too late to have much of an impact on the second quarter.”
Ganapati reports, “However, Apple also announced earlier this month that it has now sold 100 million iPods, leading analysts to believe that iPod sales could be better than expected and boost second-quarter results. ‘I think they will report a slight upside to the consensus revenue and EPS,’ says Romeo Dator, co-manager of the U.S. Global Investors All American Equity Fund, which has Apple among its top 10 holdings.”
“Dator expects a ‘slight beat’ to expectations of iPod sales of 10.7 million, while Mac sales are likely to be in line with the consensus of 1.45 million sold,” Ganapati reports. “For the quarter, the analysts polled by Thomson First Call estimate a profit of 64 cents a share and revenue of $5.17 billion.”
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MacDailyNews Note: 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.