“Apple is expected to report earnings on Tuesday, July 22nd,” WhisperNumber writes for Seeking Alpha.
“The whisper number is $1.28, five cents ahead of the analysts’ estimate and showing some confidence from investors,” WhisperNumber writes. “Whispers range from a low of $1.20 to a high of $1.35. Apple has a 70% positive surprise history (having topped the whisper in 45 of the 64 earnings reports for which we have data).”
“The whisper number has been more accurate than analysts’ estimates in 76% of earnings reported since 1998,” WhisperNumber writes. “Last quarter the company reported earnings $1.33 ahead of the whisper number. Following that report the stock realized an 11.8% gain in thirty trading days.”
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