“Wall Street was more than a little skeptical in July when Apple (AAPL) CFO Peter Oppenheimer offered his revenue guidance for the quarter that ended two weeks ago: $18 billion — a 47% increase from Sept. 2009,” Philip Elmer-DeWitt reports for Fortune.
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“A week after Oppenheimer’s report, the Street’s Q4 revenue consensus, according to Thomson Financial, was $18.29 billion — a measly 1.6% beat,” P.E.D. reports. “Three months and a few million iPhones and iPads later, most Apple watchers have changed their tune.”
P.E.D. reports, “Of the nine blogger-analysts we polled, all but two expect Apple to report earnings of $20 billion or more.”
Read more in the full article here.
Global recession. Wouldn’t jack up the numbers. More market manipulation, raise expectations unrealistically to crash. Most “news” is rumor, speculation, manipulation. Blech.
Global recession. Wouldn’t jack up the numbers. More market manipulation, raise expectations unrealistically to crash. Most “news” is rumor, speculation, manipulation. Blech.
They ought to spend that money on fixing their phone tech support service.
When I worked there, 15 mins max to fix a problem. Last time I called, I even did the troubleshooting for the poor sods(hoping to short out the call time)… and still it took them 45 minutes to get where I wanted with a replacement airport express….
They ought to spend that money on fixing their phone tech support service.
When I worked there, 15 mins max to fix a problem. Last time I called, I even did the troubleshooting for the poor sods(hoping to short out the call time)… and still it took them 45 minutes to get where I wanted with a replacement airport express….
12 to 15 mio iphones + 5 Mio iPads = up to 20 Mio x 650 $ = 13,5 Billons Dollar revenue alone with these 2 iOS devices.
Apple should easily reach the 20 billion mark and will beat Microsoft in revenue for the first time since 20 years.
12 to 15 mio iphones + 5 Mio iPads = up to 20 Mio x 650 $ = 13,5 Billons Dollar revenue alone with these 2 iOS devices.
Apple should easily reach the 20 billion mark and will beat Microsoft in revenue for the first time since 20 years.
I’ve owned Mac (IIci to start) products since 1989 and have never had to call tech support service. Lucky? I don’t think so.
I’ve owned Mac (IIci to start) products since 1989 and have never had to call tech support service. Lucky? I don’t think so.
Yes of course it had. Apple’s guidance is the bare minimum that they will achieve for sure. So if they say that the guidance is 18B they don’t go under that. The question is how much over they will go…
Yes of course it had. Apple’s guidance is the bare minimum that they will achieve for sure. So if they say that the guidance is 18B they don’t go under that. The question is how much over they will go…
Gene Munster, Piper Jaffray 18.00 3.72
Wow! They are going to kick his …
Gene Munster, Piper Jaffray 18.00 3.72
Wow! They are going to kick his …
@one guy. Interesting that Gene’s estimates are near the bottom of the heap although his price target (in the high $300s) is up there with the pack. Errors? Anyway, he has a way to go and many more estimate and target raises to catch up if true.
My estimates are north of $5 and $20b.
@one guy. Interesting that Gene’s estimates are near the bottom of the heap although his price target (in the high $300s) is up there with the pack. Errors? Anyway, he has a way to go and many more estimate and target raises to catch up if true.
My estimates are north of $5 and $20b.
@zumi
$22B
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Next fiscal year Apple will be way over $100B company.
@zumi
$22B
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Next fiscal year Apple will be way over $100B company.
breaking records.
once again.
not surprised, at all.
breaking records.
once again.
not surprised, at all.
When apple reports a 4.75 eps number, each of these analysts will claim they already updated their estimates to 4.74 the Friday before earnings.
When apple reports a 4.75 eps number, each of these analysts will claim they already updated their estimates to 4.74 the Friday before earnings.
Apple shares will finally catch up to the fundamentals after this earnings report – after the dimwit analyzers realize that Apple just increased earnings in one year, by 47%. This, in the deepest recession we’ve seen and in a shrinking personal computing industry… If this isn’t the tell all writing on the wall, the next big technological promise will be brain replacement. Duh!
Apple shares will finally catch up to the fundamentals after this earnings report – after the dimwit analyzers realize that Apple just increased earnings in one year, by 47%. This, in the deepest recession we’ve seen and in a shrinking personal computing industry… If this isn’t the tell all writing on the wall, the next big technological promise will be brain replacement. Duh!
I am Fascinated by this company – in This economy ,
To put up such numbers , WOW !!!!!!
I am Fascinated by this company – in This economy ,
To put up such numbers , WOW !!!!!!
…… Not surprised at all!!!!!!!
…. BUY AAPL stocks. 2011 = $401 period!
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Zero debts
$48 Billion in CASH
Global worldwide expansion
Great management
Apple Stores are packed like sardines
High product demand
iPhone + iPad = Record Profits
Apple still has < 10% computer market share
so lots & higher room for growth
Apple will be the number 1 highest Market Cap by end of 2011 and Exxon will be number 2
Apple is a BUY
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