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Apple may have generated $60 billion of revenue in Christmas quarter

“Apple has scheduled its December quarter results [Q114] to be released on Monday, January 27, with its conference call at 2:00 pm Pacific Time,” Chuck Jones writes for Forbes. “I estimate that the company could report $59.8 billion in revenue and $14.64 in EPS due to the iPhone 5c and 5s being launched in more countries than the iPhone 5 a year ago and iPad’s doing well. To reach $60 billion in revenue Apple will need to have sold 400,000 more iPhones or 500,000 more iPads than I am projecting.”

“Revenue guidance is $55 to $58 billion and I am projecting $59.8 billion or 3.1% above guidance,” Jones writes. “This would be a 9.6% increase from last years $54.4 billion and up 59.5% from the September quarter. In the December 2012 quarter the $54.4 billion in revenue was $2.5 billion above the $52 billion guidance or 4.8% and increased 51.6% sequentially.”

“I am projecting $14.64 in EPS,” Jones writes. “iPhones: Projecting 57.5 million to have been sold… iPad: Expect that 25.7 million could have been sold… I am projecting that Apple’s Mac product line could have reached 4.825 million units sold.”

Much more in the full article here.

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