“On Tuesday Apple will report earnings for its
third [fourth – MDN Ed.] quarter of fiscal 2012, and analysts expect the iPad will be in a position to set new records, while consensus on the iPhone is more divided,” Neil Hughes reports for AppleInsider.
“Generally speaking, most investors believe Apple will report sales of between 25 million and 27 million iPhones, according to Piper Jaffray analyst Gene Munster,” Hughes reports. “Mac sales are pegged at 4 million, while iPad sales are harder to nail down, but he believes expectations are between 15 million and 16 million.”
Hughes reports, “If those iPad numbers hold true, it would put Apple in a position to beat its previous record of 15 million iPads reached in the holiday quarter of 2012. The number would also handily best the 9.25 million iPads sold in the year-ago quarter.”
Read more in the full article here.
Apple misses estimates with $9.32 EPS on $35.0 billion revenue – July 24, 2012