“Apple Inc. is set to post a 69 percent jump in quarterly profit when it reports results today, after record buying of the iPad and Mac computer made up for weaker demand for its aging iPhone 4,” Adam Satariano reports for Bloomberg.
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“Profit rose to $5.5 billion in the fiscal third quarter, which ended June 25, according to the average prediction of analysts in a Bloomberg survey,” Satariano reports. “Sales gained an estimated 59 percent to $25 billion.”
MacDailyNews Take: Regardless of how Satariano strangely “reports” the numbers in the past tense, these are simply analysts’ average predictions. We’ll find out the real numbers from Apple around 4:30pm EDT today.
“According to analysts surveyed by Bloomberg, Apple sold 7.7 million units of the tablet last quarter, topping the previous three-month sales record of 7.3 million, set during the holiday shopping season,” Satariano reports. “As customers await the next iPhone, sales of the handset may drop 8.3 percent to 17.1 million from the prior quarter, according to the average estimate of 16 analysts compiled by Bloomberg… Tony Sacconaghi, an analyst at Stanford C. Bernstein & Co., predicts 4.26 million Macs sold, more than the 4.13 million record set in the fiscal first quarter.”
Read more in the full article here.
[Thanks to MacDailyNews Reader “Fred Mertz” for the heads up.]
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Analyst: NPD data suggests Apple sold record 4.2 million Macs in June quarter – July 18, 2011