Apple tops own guidance by average of 40.5% over past 8 quarters

“Apple Inc. has, on average, reported actual financial results in the previous eight quarters that came in 40.5% above its initial outlook for the periods in question, according to a proprietary Lab Thomson research report from Thomson Financial.

“The report found that Apple has typically provided guidance that’s 10% below the current mean analysts’ estimate over this period and that its stock rose an average of 3.4% the day after issuing the outlook,” Greg Saulnier reports for Thomson Financial.

Saulnier reports, “The study follows Apple’s report of its fourth-quarter results on Jan. 22. On that day, the iPod and personal computer maker forecast earnings for the first quarter ending in March of 94 cents a share. That view was roughly 13.8% below the then-current Wall Street consensus estimate of $1.09 per share.”

Full article here.

[Thanks to MacDailyNews Reader “Mike in Helsinki” for the heads up.]

MacDailyNews Note: Apple’s Q2 08 revenue guidance is a 29.3% over the company’s Q2 07 results.


  1. I doubt it unless they bought at the top.

    This stock bounces a lot. We’ve had a huge run up in the last year, it was bound to take a dive sometime, if only for some traders to cash in.

    We are now entering a new phase in Apple’s life. The iPhone and iTouch are taking on the smart handheld market. We may see some wobbles if traders worry that the iPod era is flagging and don’t yet see the added value of the new devices.

    As always Apple is ahead of the curve and sometimes that confuses mere mortals.

  2. If Apple had accurately predicted what their growth would be in the last few years the critics would have said Apple’s head was in the clouds! Apple’s rate of growth has not ben normal. You can hardly blame them for being a little conservative.

    Just look at how many articles have been written on how iPhone sales are believed to be below expectations – even if they are not.

  3. Apple should be trading over 170, even with the market drop. Traders are playing Apple just because they can. Period.

    Any other company that did what Apple has done and has its track record would be…… would be……. called Google. ” width=”19″ height=”19″ alt=”grin” style=”border:0;” />

    Traders and financials want Apple to project super high so they can make even more of a killing. “Apple fails to meet projections, End near??”

    Come to think of it, wall street (small minds, small “w” ) loves to predict the demise of Apple, they have done it so often. ” width=”19″ height=”19″ alt=”grin” style=”border:0;” />

    This new track for Apple (hitting on all cylinders with a constant growth plan for the next 3-4 years) is just a world changer. Period.

    Trust me on this. ” width=”19″ height=”19″ alt=”grin” style=”border:0;” /> I must be honest… I DO NOT work or wall street. LOL


  4. MDN, I think DogGones comment is a keeper:

    “As always Apple is ahead of the curve and sometimes that confuses mere mortals.”

    Good one. ” width=”19″ height=”19″ alt=”smile” style=”border:0;” />

Reader Feedback

This site uses Akismet to reduce spam. Learn how your comment data is processed.