“But for the past year and a half, the most accurate predictions — by far — were the ones made by Financial Alchemist’s Turley Muller, an occasional blogger and amateur analyst who has beaten the pros at their own game for six quarters in a row,” Elmer-DeWitt reports. “What kind of numbers is he expecting to hear when Apple reports its Q3 earnings on July 20? For the most part, he’s more bullish than the Street, although not as much this quarter as he usually is. The big payoff, he says, will come in Q4.”
His bottom line for Q3:
• Gross revenue: $15.15 billion ($590 million higher than consensus*)
• Earnings per share: $3.35 ($0.29 higher)
• iPhone unit sales: 7.8 million (nearly 550,000 lower)
• iPod unit sales: 9.9 million (94,000 higher)
• Macintosh unit sales: 3.23 million (23,300 higher)
• iPad unit sales: 3.38 million (nearly 320,000 higher)
• Gross margin: 38.9% (nearly .3 points higher)
*Consensus for revenue and EPS are from Thomson Financial’s polling; unit sales and gross margin come from our own poll of Wall Street analysts.
Read more in the full article, including Muller’s reasoning behind his estimates, here.
Such a smart boy, that Turley 8^)
Bollocks!
Apple did $13.5B revenue and $3.33 EPS in Q2, you know the quarter after Christmas, with no new products.
Since then they’ve release updated Macbooks, the iPad and iPhone 4. Sticking my finger in the wind I’d quess at $5EPS I bet I’m closer than these “analysts”
That just a bit over 20M new iOS4 devices on the market (also all “iPod” capable – for those who think iPod are dead).
Thanks for the correct info…
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