Site icon MacDailyNews

Zaky: Apple fiscal Q3 2010 earnings preview

Apple Store“As shares of Apple (AAPL) continue to fall under pressure due to negative market reaction to ‘Antennagate’ and disappointing results from IBM, investors will now look for earnings to pull Apple out of the doldrums,” Andy Zaky reports for Bullish Cross.

“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.

Exit mobile version