“Needham & Co. analyst Charlie Wolf has raised his earnings-per-share forecasts for Apple. For the September quarter EPS is now predicted to come in at $7.37, rather than just $6.38; FY2011 has been tweaked by a dollar to sit at $28, and an early FY2012 outlook has been adjusted from $31 to $33,” MacNN reports. “Wolf’s stock target is stable at $540.”
MacNN reports, “The changes are based partly on Mac sales, which are said to have been better than predicted in the present quarter, leading to an increased Needham unit estimate of 4.63 million computers versus 4.4 million. Apple is also expected to have sold 9 million iPads in the quarter, but built as many as 12 million. This should give it as much as three to four weeks of channel inventory, versus an essentially absent inventory at the end of June.”
Read more in the full article here.
The Mac numbers go up as the WinTel numbers keep going down. Hmmm, you think something is afoot?
I think if just the consumer, and not business, numbers were counted it would be even more alarming for the clowns in Redmond as consumer mind share suffers more brain drain to Apple.
Soon, not that long into the future, the PC universe will be known by the acronym MacTel. When that day arrives the Win in the WinTel side of the equation will turn to lose, LoseTel, as in Windows lost the PC wars. Unimaginable the day Steve Jobs stepped back into Apple but an outlook that can be easily envisaged today.
Funny you said that, I almost said MacTel. But it might end up actually MacArm!
It’s vindication for all the years sufferred under the Blindfolded WinTel dominated era.
Sign it brother, sign it out loud!