“With Apple to report its earnings in just a week and a half, the company is projected to reveal sales of 33 million iPhones and 12 million iPads to kick off calendar 2012,” Neil Hughes reports for AppleInsider.
“Those are the the latest projections from Piper Jaffray analyst Gene Munster, whose numbers differ from the average expectations on Wall Street,” Hughes reports. “Munster’s 33 million iPhone projection is a bit higher than the Street’s forecast of 30.5 million handsets, while his forecast of 12 million iPads is slightly below the Street’s 13 million.”
Hughes reports, “Munster also sees Apple reporting sales of 4.3 million Macs in the three-month span from January to March, slightly below Wall Street’s expected 4.4 million.”
Read more in the full article here.
MacDailyNews Note: Apple is due to report fiscal Q212 earnings after market close on April 24, 2012. Analysts currently expect EPS of $9.87 and revenue of $36.24 billion.
My predictions for Q2 are that the analysts will be wrong yet again.
Don’t screw around, go out on a limb and take a bold stand.
OK, I’ll really go out on a limb and say that Apple will be releasing new Mac products in the next quarter and a new iPhone in the following quarter.
Hey look Ma … I’m an analyst now.
Analysts EPS 13
I go by Andy Zachy . He’s got a better handle on Apples earnings then most of these guys.
Horace Dediu is one of the very best Apple Analysts. He has a great track record. Andy Zachy is pretty good as well. Here are Horace’s quarterly estimates, much higher than Piper Jaffray (and historically much more accurate).
http://www.asymco.com/2012/03/21/estimates-for-apples-second-fiscal-2012-quarter/
iPhone units: 37.3 million (100%)
Macs: 4.7 million (25%)
iPads: 12.2 million (160%)
iPods: 7 million (-22%)
Music (incl. app) rev. growth: 40%
Peripherals rev. growth: 25%
Software rev. growth: 10%
Total revenues: $42.7 billion (growth: 73%)
GM: 44.7%
EPS: $12.0 (88%)