“Apple reports its first-quarter earnings tomorrow, and Wall Street’s expecting some record-breaking numbers all around,” Josh Lowensohn reports for CNET.
“Analysts polled by FactSet predict the company will bring in earnings of $10.04 per share and revenue of $38.92 billion,” Lowensohn reports. “As usual, that’s well above the $9.30 a share on $37 billion Apple forecasted at the end of its last quarter.”
“There will be a lot to chew on with tomorrow’s numbers, which should come in shortly after the close of trading. But the big one to look at is how many iPhones the company sold,” Lowensohn reports. “This is the first quarter to include sales of the iPhone 4S, which hit shelves in mid-October. All indications have been that it’s Apple’s best-selling phone yet, though the company has not provided new data on that since boasting sales of 4 million iPhone 4S units in its first weekend.”
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