“Analysts polled by Thomson Reuters expect Apple to report about $3.10 in EPS on approximately $14.74 billion in revenue,” Zaky reports. “Furthermore, analysts are generally looking for Apple to sell 8.35 million iPhones, 9.8 million iPods, 3.2 million Macintosh computers, and 3.3 million iPads.”
Zaky reports, “Based on the data I’ve analyzed over the course of the quarter, I’m looking for Apple to report closer in the neighborhood of $3.70 in EPS on $15.608 billion in revenue. I’m expecting Apple to sell 8.8 million iPhones, 10 million iPods, 3.363 million Macs, and 3.4 million iPads.”
Full article here.
Andy and Turley. These guys know what they’re talking about.
AAPL price will rise and fall for lots of reasons but… until the iP4 is actually fixed and not simply covered up, investors will not be so quick to buy the stock.
As discussion continues, doubt of the superiority of the phone due to the admitted bad antenna design, will continue.
Zaky is getting better. : )
I’m calling $3.88 EPS on $16.3 Bn revenue, 3,3 mm Macs, 9.8 mm iPads, 9.1 mm iPhones and 3.25 mm iPads
Further, I think management will guide $3.18 for Q4.
My preliminary (good until tonight) target is $358.
Gregg
@ Wrong analysis
You obviously slept through Steve’s presentation. You can go back to sleep now.
@Wrong analysis
Is that you Doubletalk? Who is signing your paycheck?
@Wrong Analysis
Who admitted there was a problem with the antenna?
“Antennagate” is just the tool being used to push down the stock price for a while and make a very tiny speed bump for Apple. Watch these idiots tonight asking about the iPhone 4 antenna and not a single one will ask about the BILLION DOLLAR SERVER FARM that Apple started building almost a year ago. Maybe a “I heard it was finished” or “We see you hired some people there” or “What are you going to do with that BILLION DOLLAR investment that gave you 400 to 500 percent more capacity”.
@Rike
Yes… and, the voice of reality – while MDN and the great majority of it’s followers (I’m one) would like Antennagate to just go away now that the great Steve Jobs has spoken, it’s not until the unique design flaw is actually fixed.
Steve knows this – he just can’t get it done before late September – he as much as said so in the presser.
You can’t keep a good company down.
FOUR DOLLARS.
Aw what the hell… every time I come up with what I think is a huge number AAPL still beats me. I call $10 per share. ;P
@wrong analysis,
Steve did NOT admit to a “design flaw”. If the iPhone has a design flaw, so does every other smart phone out there, and he proved it on Friday.
Millions of iPhone users have no issue with this at all, proving beyond doubt that it is NOT a hardware design flaw.
So, yeah, you can go back to sleep again.
@WrongAnalysis: “…it’s not until the unique design flaw is actually fixed.”
It’s not unique to the iPhone and it’s not a design flaw. Other than that you’re right on, I guess. Who’s signing your paychecks for all this FUD?
He did indirectly admit there was a problem, but tied it to every phone having the same problem, and as such, it is not a problem.
@WrongAnalysis
Ditto what everyone else has said. And, why do you still the believe Jizmodo over Apple?
I’ve had my iPhone 4 since day 1. I have better reception now than I’ve ever had. Faster 3G download and upload speeds. Not a single dropped call with my iPhone 4. So yeah, maybe you should pay more attention to what Apple is saying and less to Jizmodo.
I love how people, especially on this forum, think AAPL is in a vacuum and that the stock price is affected by fanboy and anti-fanboy rants and raves.
Take a look around. The broader market is in the tank, and AAPL has been paying for that. Long term investors know Apple will easily brush this non-controversy off and everything will be fine again in Cupertino. The stock though is not impervious to the continuing financial crisis going on in the rest of the real world. It is a premium priced stock and will take it harder when the market dips.
Stock up as I type
$4 a share is a nice round number.
The iPhone 4 is nothing more than a iPod Touch 4 until a real work around for the antenna exists. That’s why CR cannot recommend it as a smartPHONE, they give it superior grades in every category except wireless. If it was presented as an iPod Touch to CR, it would be highly recommended, the results say as much. The apple cider here must be way stronger than any kool-aide I have ever read about.
Wrong analysis is an appropriate moniker for someone who believes pretty much everything they read in the foreign press.
WA doesn’t own an iPhone and wouldn’t know a smartphone if it bit them on the arse.
They’re still a little backward, where he comes from, I’m sure.
Regardless of what Apple’s detractors say, the one thing they cannot ignore is the quarterlies, which continue to impress.
Go AAPL!
iPhone Flaw
here’s another one who doesn’t own an iPhone, nor have they actually read CRs report.
They just wanted to make a comment using apple cider, as though it were the preferred drink of Apple consumers.
Trust me, no one in Apple’s camp is being poisoned with laced kool-aid, because all of the Jim Jones wannabes are PC lovers.
@Greg
No other analyst has been as consistently on target as Zaky and he does this work as a hobby.
I mean, I don’t think he’s being paid for his analysis, which might also mean he doesn’t have access to all of the nifty analytical tools available to Wall Street, and yet he continues to distinguish himself from those who do.
The difference, I believe, is Zaky is not being paid to underestimate Apple. Also, I don’t think the Street has been able to understand Apple’s business model, nor have they realized how truly diverse this company is going forward.
Soon, they’ll be more like the cranberry, another fruit that is getting in to everything.
@iPhone Flaw
questions from users about antenna (Apple care data) : 0.55%. (this low number will probably go down with software update which fixed many of the questions about signal bars)
iPhone 4 return rate 1.7%
Blackberry Tour return rate reported to be 50% (RIM refuses to comment except giving excuse of ‘production issues’)
‘Antennagate’ is FUD. Electronics manufacturers will KILL for 1.7% return rate.
Now that the “smart money” has moved back into AAPL (all day today), expect the media and “analysts” to generally reverse direction with their “antennagate” coverage and say “it really wasn’t a big deal after all” or that “Apple has taken the necessary actions.” This will help drive AAPL back up toward $300 (and maybe above) in the near term. Then, they’ll probably find some other “controversy” to push AAPL price down again, a few weeks before the next quarterly report.
I love it when Mac cultists spout numbers and percentages and fail to realize that ther are other numbers behind them. It is highly doubtful to believe that every person experiencing the death grip called to complain, especially since most of them are people of the nature found on this website and others like it. That .55% is much larger when you factor in all the people who waited for a fix instead of calling and crying to Apple. And of Apple is soooo fond of their customers why are they always first willing to state how few customers are experiencing whatever problem is occurring. The only thing they should be saying is that they recognize an issue and are working on understanding it and fixing it. Talk to me about return rate when at least a full calendar year has passed for the iPhone, we haven’t even reached a full month yet!