Apple Q2 2011 earnings preview

The final estimates (barring last-minute revisions) are in for Apple Inc. Fortune has the full list along with each analyst’s rank, where available, from last quarter’s AAPL analyst smackdown.

“We’ll find out whose numbers were closest to the mark when Apple releases its earnings for the second fiscal quarter of 2011 after the markets close Wednesday, April 20,” Phillip Elmer-Dewitt reports for Fortune.

The full list includes estimates for revenue, EPS, GM, and unit sales for iPhone, iPod, iPad, and Mac.

Read more in the full article here.


  1. Nothing can grow without bounds. Apple’s meteoric rise will flatten out sooner or later. But I don’t think that Apple has reached that point, yet, given the relatively untapped market in China and the fact that the iPad phenomena is still in its early stages. Even the iPhone still has lots of legs worldwide.

    It is instructive to note that only *one* Wall Street analyst was in the top 10 last time around. As usual, the unaffiliated analysts smacked down the rest. The Wall Street analyst who finished in 12th place last time, Bill Shope/Goldman Sachs, is the most pessimistic in terms of revenue and EPS this time around. He is not likely to reprise his prior ranking.

  2. Why do bloggers get the numbers mostly right each AAPL quarterly report? Is it looking forward and real demand opportunity potentials rather than reacting to news flash or backward thoughts?
    Excited on AAPL record profits again on the 20th!
    It is a BUY now than AAPL has dipped before going Up the rest of the year towards $422 bucks 🙂

  3. The bloggers get is right because they are more focused on Apple. Plus they don’t have some game to play. The “Professionals” all have some interest in manipulating the stock.

    That aside I was surprised that the unit numbers seem to be similar for both groups but the revenue on average 10% lower for the so called experts. Looks like the iPhone #s are better for the independents which might account for the difference.

    It would be cool though unlikely that Mac sales were >4M. Maybe next quarter :).
    Aapl has been taking a hammering the last week. My bet is that the brokers are dragging it down for a big jump. They could use the earnings report as a catalyst. Probably will see a rise in the price on Tues or Weds as they buy in their positions.

Reader Feedback

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